Updated Dec 21, 2023
Coldwell Banker Residential Brokerage Sells Multifamily Property In Hoboken, NJ For $1.5M With Broker Jill Biggs
514 Bloomfield Street, Hoboken, NJ 07030, USA
$1,545,705
$353/SF
Building Size
4,368 SF
Asset Type
MultiFamily
Closing
Apr 6, 2021
About this deal
AI
A multifamily property located at 514 Bloomfield St in Hoboken, NJ has been sold for $1,545,705. The transaction took place on April 7, 2021. The property was listed by Jill Biggs of Coldwell Banker Residential Brokerage.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,545,705
- Market: Hoboken, NJ
- Broker: Jill Biggs - Coldwell Banker Residential Brokerage
Jill Biggs, representing Coldwell Banker Residential Brokerage, played a crucial role in facilitating the sale of the property located at 514 Bloomfield St in Hoboken, NJ. No additional information about the property or individuals involved in the deal was provided.
Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
About $353 per square foot on a published $1.5M for 4,368 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.26%
Cash-on-Cash
-2.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93