Updated Sep 9, 2024
Compass New Jersey Acquires Hoboken Multifamily Property For $2.1M
1245 Bloomfield Street, Hoboken, NJ 07030, USA
$2,100,000
$1,855/SF
Building Size
1,132 SF
Asset Type
MultiFamily
Closing
Aug 20, 2021
About this deal
AI
A multifamily property located at 1245 Bloomfield St in Hoboken, NJ was recently sold for a price of $2,100,000. The sale took place on 08/20/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 1245 Bloomfield St
- Market: Hoboken, NJ
Rami Rosen from Compass New Jersey, LLC represented the buyer in this transaction, while Elizabeth Rakela from Keller Williams City Life Realty represented the seller.
The multifamily sale at 1245 Bloomfield Street, Hoboken, NJ 07030, USA in Hoboken, New Jersey sold for $2.1M in 2021. The building is 1,132 square feet, implying about 1.9K per square foot on the published price. Rami Rosen, Elizabeth Rakela, Compass, Keller Williams Realty appear on the sale alongside Compass, Keller Williams Realty. This page is the Hoboken, New Jersey file for the 1245 Bloomfield Street, Hoboken, NJ 07030, USA 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 1245 Bloomfield Street, Hoboken, NJ 07030, USA around 2021. Published consideration for 1245 Bloomfield Street, Hoboken, NJ 07030, USA is $2.1M, dated 2021. Cite this Compass New Jersey Acquires Hoboken Multifamily Property For $2.1M sale when underwriting similar multifamily product around Hoboken, New Jersey.
Players
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93