SOLDMultiFamily
Thomas Misuraca Jr. Acquires Multifamily Property From David Tobias For $4,400,000
327 Adams Street
$4,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 14, 2024
AI
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $4,400,000
- Address: 327 Adams Street
- Market: Hoboken
- Units: 10
- Price per Unit: $440,000
- Buyer's Representative: Thomas Misuraca Jr. - Keller Williams City Life Realty
- Seller's Representative: David Tobias - Liberty Realty
Players
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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93