Updated Dec 19, 2023
Brown Harris Stevens Represents Sale Of Hoboken Multifamily For $5.9M
614 Hudson Street, Hoboken, New Jersey 07030, United States
$5,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 8, 2022
About this deal
AI
A multifamily property located at 614 Hudson St in Hoboken has been sold for a total of $5,900,000. The transaction was completed on 09/09/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,900,000
- Address: 614 Hudson St, Hoboken
- Market: Hoboken
The sale was facilitated by Peter Cossio from Brown Harris Stevens, who represented the buyer and seller in the transaction.
The multifamily sale at 614 Hudson Street, Hoboken, New Jersey 07030, United States in Hoboken, New Jersey sold for $5.9M in 2022. 614 Hudson Street, Hoboken, New Jersey 07030, United States is classified as Multifamily on Traded. Peter Cossio, Brown Harris Stevens appear on the sale alongside Brown Harris Stevens. This page is the Hoboken, New Jersey file for the 614 Hudson Street, Hoboken, New Jersey 07030, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 614 Hudson Street, Hoboken, New Jersey 07030, United States around 2022. Published consideration for 614 Hudson Street, Hoboken, New Jersey 07030, United States is $5.9M, dated 2022. Cite this Brown Harris Stevens Represents Sale Of Hoboken Multifamily For $5.9M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93