Updated Dec 4, 2024
Multifamily Property At 161 9th Street In Hoboken Sells For $1.499 Million With Brokers Anne-Marie Pelletier & Alice Galmann
161 9th Street
$1,499,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 2, 2023
About this deal
AI
A multifamily property located at 161 9th Street in Hoboken has recently been sold for $1.499 million. The property, represented by Anne-Marie Pelletier and Alice Galmann of Singleton Galmann Realty, is a valuable asset in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,499,000
- Address: 161 9th Street, Hoboken
- Market: Hoboken
The successful sale was made possible with the expertise and efforts of Anne-Marie Pelletier and Alice Galmann, who served as the brokers through Singleton Galmann Realty. Their professional guidance and negotiation skills contributed to the smooth transaction.
On the Map
$1,499,000
MultiFamily
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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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93