Updated Dec 4, 2024
Multifamily Property In Hoboken Sold For $2.7M With Buyer's Rep Jill Biggs & Seller's Rep Edward Verdel
614 Bloomfield Street
$2,735,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 8, 2024
About this deal
AI
In Hoboken, a multifamily property located at 614 Bloomfield Street was sold for $2,735,000. The property is situated in the market of Hoboken and is classified as a Multifamily asset.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,735,000
- Address: 614 Bloomfield Street
- Market: Hoboken
The buyer in this transaction was represented by Jill Biggs from Coldwell Banker, while Edward Verdel from Compass acted as the seller's representative for the deal.
On the Map
$2,735,000
MultiFamily
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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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93