Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 223 Garden Street, Hoboken, NJ 07030 in Hoboken, New Jersey sold for $1.6M in 2020. The building is 2,000 square feet, implying about 775 per square foot on the published price. Renee Condon, Jill Biggs, Coldwell Banker, Keller Williams Realty appear on the sale alongside Coldwell Banker, Keller Williams Realty. This page is the Hoboken, New Jersey file for the 223 Garden Street, Hoboken, NJ 07030 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 223 Garden Street, Hoboken, NJ 07030 around 2020. Published consideration for 223 Garden Street, Hoboken, NJ 07030 is $1.6M, dated 2020. Cite this Jill Biggs Of Coldwell Banker Realty Represents Buyer In $1.5M Multifamily Sale In Hoboken, NJ sale when underwriting similar multifamily product around Hoboken, New Jersey.
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