Updated Dec 4, 2024
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
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