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709 Bloomfield Street

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

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

709 Bloomfield Street

$1,800,000

Building Size

Asset Type

MultiFamily

Closing

May 21, 2024

AI

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

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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93