Elite Realtors Of New Jersey Acquires Multifamily Property In Hoboken, NJ For $1.62M
734 Garden St, Hoboken, NJ, USA
$1,620,000
$547/SF
Building Size
2,960 SF
Asset Type
MultiFamily
Closing
Aug 11, 2021
AI
A multifamily property located at 734 Garden St in Hoboken, NJ has been sold for a price of $1,620,000. The sale took place on 08/12/2021. The property is situated in a desirable location within the Hoboken market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,620,000
- Address: 734 Garden St, Hoboken, NJ
- Market: Hoboken, NJ
The buyer's representative for this transaction was Joshua Royko from Elite Realtors of New Jersey. Representing the seller was Anne Shearn from Realty Express La Barbara.
Players
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
9.79%
Cash-on-Cash
-2.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93