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160 11th Street

Updated Dec 4, 2024

Hoboken Multifamily Property Sold For $1.625M With Basil Skaltsis As The Broker
SOLDMultiFamily

Hoboken Multifamily Property Sold For $1.625M With Basil Skaltsis As The Broker

160 11th Street

$1,625,000

Building Size

Asset Type

MultiFamily

Closing

Dec 1, 2023

About this deal

AI

In Hoboken's market, a multifamily property located at 160 11th Street has been sold for $1.625 million. This property, with its address at 160 11th Street, was a part of the residential market in Hoboken. The transaction involved Basil Skaltsis from Corporate Realty Inc as the broker representing the parties involved.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,625,000
  • Address: 160 11th Street
  • Market: Hoboken

Basil Skaltsis, from Corporate Realty Inc, played a crucial role as the broker in this transaction. Serving as the representative for the buyers and/or sellers, Basil Skaltsis facilitated the successful completion of the deal for the multifamily property at 160 11th Street.

Players

Basil Skaltsis

Corporate Realty

Broker

$3.2M

vol

2 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

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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