Updated Dec 4, 2024
Silvana Aria-Yepez & Paul Fajardo Facilitate $1.57M Multifamily Sale In Hoboken
622 Monroe Street
$1,570,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 21, 2024
About this deal
AI
In Hoboken, a multifamily property at 622 Monroe Street was sold for $1,570,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,570,000
- Address: 622 Monroe Street
- Market: Hoboken
Silvana Aria-Yepez of Modern Spaces NJ represented the buyer, while Paul Fajardo of EXP Realty represented the seller in this transaction.
The multifamily sale at 622 Monroe Street in Hoboken, New Jersey sold for $1.6M in 2024. 622 Monroe Street is classified as Multifamily on Traded. Paul Fajardo, Silvana Aria-Yepez, EXP Realty, Modern Spaces appear on the sale alongside EXP Realty, Modern Spaces. This page is the Hoboken, New Jersey file for the 622 Monroe Street 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 622 Monroe Street around 2024. Published consideration for 622 Monroe Street is $1.6M, dated 2024. Cite this Silvana Aria-Yepez & Paul Fajardo Facilitate $1.57M Multifamily Sale In Hoboken 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
10.10%
Cash-on-Cash
-2.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93