facebook
Traded Co logo
Submit
Daily limit: 0/10

Jill Biggs & Michael Guarriello Facilitate $1.8M Sale Of Multifamily Asset In Hoboken

Property Image
SOLD
$1,800,000
Jill Biggs
Michael Guarriello

New Jersey

See Similar Deals
MultiFamily
Sold 05/21/2024
the dealplayerscompscontact
Property Image
SOLD

Jill Biggs & Michael Guarriello Facilitate $1.8M Sale Of Multifamily Asset In Hoboken

709 Bloomfield Street

See Similar Deals
MultiFamily
Sold 05/21/2024
Jill Biggs
Michael Guarriello
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

709 Bloomfield Street in Hoboken is a multifamily property consisting of three units, each selling for an average of $600,000. The property has been sold for $1,800,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,800,000
  • Address: 709 Bloomfield Street
  • Market: Hoboken
  • Units: 3
  • Price Per Unit: $600,000

Jill Biggs from Coldwell Banker represented the buyer, while Michael Guarriello from Keller WilliamsValley Realty represented the seller in the sale of 709 Bloomfield Street. Both real estate professionals facilitated the transaction successfully.

Players

Jill Biggs
Coldwell Banker
Jill Biggs
29 deals$51.2M volume
BROKER
Michael Guarriello
Keller Williams Realty
Michael Guarriello
2 deals$3.5M volume(201) 887-0244
BROKER

Details

SOLD
IMAGE: Jill Biggs & Michael Guarriello DATE: 05/21/2024 ADDRESS: 709 Bloomfield Street MARKET: Hoboken ASSET TYPE: Multifamily BUYER'S REP: Jill Biggs (@TheJillBiggsGroup) - Coldwell Banker (@ColdwellBanker) SELLER'S REP: Michael Guarriello (@MichaelGuarriellonj) - Keller Williams Valley Realty SALE PRICE: $1,800,000 UNITS: 3 ~ PPU: $600,000 NOTE: 709 Bloomfield Street in Hoboken, a multifamily property, has been sold for $1,800,000, with Jill Biggs of Coldwell Banker representing the buyer, and Michael Guarriello of Keller Williams Valley Realty representing the seller. The property consists of three units, with each unit selling for an average of $600,000.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02