Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,620,000
$547/SF
MultiFamily
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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