SOLDMultiFamily
Jill Biggs Of Coldwell Banker Realty Represents Buyer In $1.5M Multifamily Sale In Hoboken, NJ
223 Garden Street, Hoboken, NJ 07030
$1,551,000
$775/SF
Building Size
2,000 SF
Asset Type
MultiFamily
Closing
Jun 10, 2020
AI
The multifamily property located at 223 Garden St in Hoboken, NJ has been sold. The sale took place on June 10, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,551,000
- Address: 223 Garden St, Hoboken, NJ
- Market: Hoboken, NJ
The buyer's representative for this transaction was Jill Biggs from Coldwell Banker Realty, while the seller's representative was Renee Condon from Keller Williams City Life JC Realty.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93