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614 Bloomfield Street

Multifamily Property In Hoboken Sold For $2.7M With Buyer's Rep Jill Biggs & Seller's Rep Edward Verdel
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.

In Hoboken, a multifamily property at 614 Bloomfield Street was sold for $2,735,000, with Jill Biggs of Coldwell Banker representing the buyer and Edward Verdel of Compass as the seller's representative.

Players

Jill Biggs

Coldwell Banker

Broker

$51.2M

vol

29 deals

Broker

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