EXp Realty Acquires Multifamily Asset In Hoboken For $1.3M
208 3rd Street, Hoboken, New Jersey 07030, United States
$1,295,000
Building Size
—
Asset Type
MultiFamily
Closing
May 18, 2022
AI
Located at 208 3rd St in Hoboken, this multifamily property was recently sold for a price of $1,295,000. The transaction took place on May 19, 2022. The property features various units, making it suitable for multiple families.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,295,000
- Address: 208 3rd St, Hoboken
- Market: Hoboken
The buyer of this property was represented by Jonathan Greene from eXp Realty, while the seller was represented by David Domanich from Hudson Place Realty Inc. Both brokers played integral roles in facilitating the transaction.
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.25%
Cash-on-Cash
-3.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93