Keller Williams City Life JC Realty Sells Multifamily Property In Hoboken, NJ For $1.575M
643 Garden Street, Hoboken, NJ 07030, USA
$1,575,000
$1,750/SF
Building Size
900 SF
Asset Type
MultiFamily
Closing
Aug 26, 2021
AI
A multifamily property located at 643 Garden St in Hoboken, NJ has been sold for $1,575,000. The sale was finalized on August 26, 2021, according to a post on Instagram by Renee Condon. The property is situated in the Hoboken market and features multiple residential units.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $1,575,000
- Date: 08/26/2021
- Address: 643 Garden St, Hoboken, NJ
- Market: Hoboken, NJ
Renee Condon of Keller Williams City Life JC Realty represented the buyer and seller in this transaction.
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.07%
Cash-on-Cash
-2.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93