Hugh Hothem's Liberty Realty Acquires Multifamily Property In Hoboken For $2.8M
800 Hudson Street, Hoboken, NJ, USA
$2,758,500
$751/SF
Building Size
3,672 SF
Asset Type
MultiFamily
Closing
Feb 10, 2021
AI
The multifamily property located at 800 Hudson St in Hoboken has been sold for $2,758,500. The transaction took place on February 11, 2021, as confirmed by an image shared on Instagram by Carmine Simmons.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,758,500
- Address: 800 Hudson St
- Market: Hoboken
Hugh Hothem from Liberty Realty LLC represented the buyer in the deal, while Carmine Simmons of Keller Williams City Life JC Realty represented the seller.
Players
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
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93