A historic 1892 brownstone located at 1225 Garden Street in Hoboken sold for $3.85 million. This multifamily asset features 2 units, resulting in a price per unit of $1,925,000. The property sold in just 10 days, marking it as a significant transaction in the local real estate market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,850,000
• Units: 2
• Price per Unit: $1,925,000
• Date of Sale: 09/25/2024
• Address: 1225 Garden Street
• Market: Hoboken
• Broker: Sharon Shahinian - Brown Harris Stevens

The transaction set the record for both the highest-priced brownstone sale on the block and in Hoboken this year. The rapid sale was facilitated by Sharon Shahinian of Brown Harris Stevens, highlighting her effective representation in this notable real estate deal.