Updated Dec 21, 2023
Corcoran Sawyer Smith Represents Sale Of Multifamily Property In Hoboken For $2.2M
1132 Bloomfield Street, Hoboken, New Jersey 07030, United States
$2,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 31, 2022
About this deal
AI
A multifamily property located at 1132 Bloomfield St in Hoboken, NJ has been sold for $2,200,000. The transaction took place on 11/01/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 1132 Bloomfield St, Hoboken, NJ
- Market: Hoboken, NJ
The buyer's representative in this deal was Michael Stefano from Corcoran Sawyer Smith, while the seller's representative was Joseph Sisti, also from Corcoran Sawyer Smith.
The multifamily sale at 1132 Bloomfield Street, Hoboken, New Jersey 07030, United States in Hoboken, New Jersey sold for $2.2M in 2022. 1132 Bloomfield Street, Hoboken, New Jersey 07030, United States is classified as Multifamily on Traded. Joseph Sisti, The Corcoran Group appear on the sale alongside The Corcoran Group. This page is the Hoboken, New Jersey file for the 1132 Bloomfield Street, Hoboken, New Jersey 07030, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 1132 Bloomfield Street, Hoboken, New Jersey 07030, United States around 2022. Published consideration for 1132 Bloomfield Street, Hoboken, New Jersey 07030, United States is $2.2M, dated 2022. Cite this Corcoran Sawyer Smith Represents Sale Of Multifamily Property In Hoboken For $2.2M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93