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414 Grand St, Hoboken, NJ, USA

Updated Dec 20, 2023

Exp Realty LLC's Steven Rosado Acquires Multifamily Property In Hoboken, NJ For $1.35M
SOLDMultiFamily

Exp Realty LLC's Steven Rosado Acquires Multifamily Property In Hoboken, NJ For $1.35M

414 Grand St, Hoboken, NJ, USA

$1,350,000

$314/SF

Building Size

4,300 SF

Asset Type

MultiFamily

Closing

Apr 22, 2021

About this deal

AI

A multifamily property located at 414 Grand St in Hoboken, NJ was recently sold for $1,350,000. The transaction took place on April 23, 2021, and was facilitated by Ilya Rashkovskiy from Liberty Realty LLC acting as the seller's representative, and Steven Rosado from Exp Realty LLC representing the buyer.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Address: 414 Grand St, Hoboken, NJ
  • Market: Hoboken, NJ
  • Units: 4
  • Price Per Unit: $337,500

This transaction involved a multifamily property consisting of four units. The property is located at 414 Grand St in Hoboken, NJ. The seller's representative, Ilya Rashkovskiy from Liberty Realty LLC, and the buyer's representative, Steven Rosado from Exp Realty LLC, played key roles in closing the deal.

Players

Steven Rosado

EXP Realty

Broker

$1.4M

vol

1 deal

Broker

Hoboken MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $314 per square foot on a published $1.4M for 4,300 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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