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206 8th Street, Hoboken, Ne...

206 8th St In Hoboken Sold For $1.6M With Buyer's Rep Yesenia Gonzalez And Seller's Rep Mark Singleton
SOLDMultiFamily

206 8th St In Hoboken Sold For $1.6M With Buyer's Rep Yesenia Gonzalez And Seller's Rep Mark Singleton

206 8th Street, Hoboken, New Jersey 07030, United States

$1,600,000

$1,292/SF

Building Size

1,238 SF

Asset Type

MultiFamily

Closing

Dec 28, 2021

AI

Located at 206 8th St in Hoboken, this multifamily property was recently sold for a price of $1,600,000. The transaction took place on December 28, 2021, as confirmed by the Instagram post shared by Mark Singleton. The property, photographed by Mark Singleton, is situated in the vibrant market of Hoboken.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Market: Hoboken
  • Address: 206 8th St

In this transaction, Yesenia Gonzalez from Liberty Realty represented the buyer, while Mark Singleton from Singleton Galmann Realty acted as the seller's representative.

Players

Mark Singleton

Broker

$6.6M

vol

4 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93