Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 800 Hudson Street, Hoboken, NJ, USA in Hoboken, New Jersey sold for $2.8M in 2021. The building is 3,672 square feet, implying about 751 per square foot on the published price. Carmine Simmons, Hugh Hothem, Liberty Realty appear on the sale alongside Liberty Realty. This page is the Hoboken, New Jersey file for the 800 Hudson Street, Hoboken, NJ, USA 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 800 Hudson Street, Hoboken, NJ, USA around 2021. Published consideration for 800 Hudson Street, Hoboken, NJ, USA is $2.8M, dated 2021. Cite this Hugh Hothem's Liberty Realty Acquires Multifamily Property In Hoboken For $2.8M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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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
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93