Brown Harris Stevens Acquires Multifamily Property In Hoboken For $3.4M
914 Hudson Street, Hoboken, New Jersey 07030, United States
$3,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 1, 2022
AI
The multifamily property located at 914 Hudson St in Hoboken has been sold. The sale was represented by Charles Rubenstein & Farah Alli from Compass and the buyer was represented by Sharon Shahinian from Brown Harris Stevens. The transaction took place on 08/02/2022 and the sale price was $3,400,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Address: 914 Hudson St, Hoboken
- Buyer's Representative: Sharon Shahinian - Brown Harris Stevens
- Seller's Representative: Charles Rubenstein & Farah Alli - Compass
Charles Rubenstein and Farah Alli from Compass represented the sellers in this transaction, while the buyer was represented by Sharon Shahinian from Brown Harris Stevens. The deal was closed on 08/02/2022, with a sale price of $3,400,000.
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93