Liberty Realty LLC Represents Buyer In $4.3M Hoboken Multifamily Sale
340 Garden Street, Hoboken, New Jersey 07030, United States
$4,325,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 5, 2022
AI
The multifamily property located at 340 Garden St in Hoboken has been sold. The sale took place on July 6, 2022, for a total price of $4,325,000. The property was marketed in the Hoboken market and features multiple units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,325,000
- Address: 340 Garden St
- Market: Hoboken
Representing the buyer in this deal was Michael Klein from Liberty Realty LLC. On the seller's side, Giovanni Maramonte and Lori Heidenry from Keller Williams City Life Realty served as the representatives. Their expertise and negotiation skills played a crucial role in the successful transaction of this multifamily property in Hoboken.
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
3.67%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93