SOLDMultiFamily
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
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.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93