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1104 Bloomfield Street, Hob...

Hudson Place Realty Inc Sells Multifamily Property In Hoboken For $1.75M
SOLDMultiFamily

Hudson Place Realty Inc Sells Multifamily Property In Hoboken For $1.75M

1104 Bloomfield Street, Hoboken, New Jersey 07030, United States

$1,750,000

Building Size

Asset Type

MultiFamily

Closing

Mar 13, 2022

AI

The multifamily property located at 1104 Bloomfield Street in Hoboken has been sold for a price of $1,750,000. The transaction was completed on March 14, 2022. Joseph Sisti & Irene Perello from Hudson Place Realty Inc represented the parties involved in the deal.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Address: 1104 Bloomfield Street
  • Market: Hoboken

The sale of this multifamily property was facilitated by Joseph Sisti & Irene Perello from Hudson Place Realty Inc. They played a crucial role in representing the buyer and seller throughout the transaction, ensuring a successful deal.

Players

Joseph Sisti

The Corcoran Group

Broker

$5.6M

vol

3 deals

Broker

Hoboken MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93