SOLDMultiFamily
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
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.
Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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