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340 Garden Street, Hoboken,...

Updated Sep 5, 2024

Liberty Realty LLC Represents Buyer In $4.3M Hoboken Multifamily Sale
SOLDMultiFamily

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

About this deal

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.

On the Map

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$4,325,000

MultiFamily

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Players

Giovanni Maramonte

Keller Williams Realty

Broker

$12.3M

vol

6 deals

Broker

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

3.67%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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