Staci Manoukian & Bruna Santana Sell Multifamily Property In Hoboken On Garden St For $966K
506 Garden Street, Hoboken, New Jersey 07030, United States
$966,000
$827/SF
Building Size
1,167 SF
Asset Type
MultiFamily
Closing
Mar 31, 2022
AI
The multifamily property at 506 Garden St in Hoboken was recently sold in a closed transaction. The property spans 1,167 square feet and was listed for an asking price of $855,000. The sale was finalized for a price of $966,000, resulting in a price per square foot of $828.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $966,000
- Address: 506 Garden St
- Market: Hoboken
The sale of this multifamily property was facilitated by Staci Manoukian from Remax on the Hudson and Bruna Santana from Prominent Properties Sotheby’s International Realty. They represented the buyer and seller, respectively, in this transaction.
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
16.42%
Cash-on-Cash
-4.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93