Soha Fontaine Of RE/MAX On The Hudson Represents Buyer In $1.45M Multifamily Sale On Bloomfield St, Hoboken
713 Bloomfield Street, Hoboken, NJ 07030, USA
$1,450,000
$966/SF
Building Size
1,500 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
AI
A multifamily property located at 713 Bloomfield St in Hoboken, NJ was recently sold for a price of $1,450,000. The transaction took place on 12/03/2021. The property is situated in a desirable market in Hoboken.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,450,000
Soha Fontaine from RE/MAX On the Hudson represented the buyer in this deal, while Jennifer Giattino from Hudson Place Realty acted as the seller's representative. Both professionals played a crucial role in facilitating the successful transaction.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93