facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Multifamily

/

Sale

/

213 4th Street

Adam Bickoff Of Compass Facilitates $1.268M Sale Of Hoboken Multifamily
SOLDMultiFamily

Adam Bickoff Of Compass Facilitates $1.268M Sale Of Hoboken Multifamily

213 4th Street

$1,268,000

Building Size

Asset Type

MultiFamily

Closing

Apr 30, 2024

AI

In Hoboken, a multifamily property located at 213 4th Street was sold for $1,268,000. The property is a 25-foot-wide brick home overlooking Church Square Park. It features two units: a duplex with two bedrooms and two bathrooms, and a simplex with one bedroom plus an office and one bathroom. The property offers a coveted location near cafes, restaurants, shops, and the farmers market, combining modern conveniences with old-world charm like exposed brick and large windows with park views.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,268,000
  • Units: 2
  • Price Per Unit: $634,000
  • Address: 213 4th Street, Hoboken
  • Market: Hoboken

The sale of the property at 213 4th Street was facilitated by broker Adam Bickoff of Compass. The property's location near Church Square Park, with its proximity to various amenities, played a significant role in the transaction. Adam Bickoff's expertise and representation in the deal contributed to the successful sale of this charming multifamily property.

Players

Adam Bickoff

Broker

$5.5M

vol

3 deals

Broker

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

12.51%

Cash-on-Cash

-3.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93