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Brown Harris Stevens Acquires Multifamily Property In Hoboken For $3.4M

Property Image
SOLD
$3,400,000
Farah Alli
Charles Rubenstein
Sharon Shahinian

New Jersey

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MultiFamily
Sold 08/02/2022
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Property Image
SOLD

Brown Harris Stevens Acquires Multifamily Property In Hoboken For $3.4M

914 Hudson Street, Hoboken, New Jersey 07030, United States

See Similar Deals
MultiFamily
Sold 08/02/2022
Farah Alli
Charles Rubenstein
Sharon Shahinian
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Sale

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

Sharon Shahinian
Brown Harris Stevens
Sharon Shahinian
4 deals$13.7M volume(201) 618-0373
BROKER
Charles Rubenstein
Compass
Charles Rubenstein
1 deal$3.4M volume
BROKER
Farah Alli
Compass
Farah Alli
2 deals$4.5M volume
BROKER

Details

SOLD
IMAGE: Charles Rubenstein & Farah Alli DATE: 08/02/2022 ADDRESS: 914 Hudson St MARKET: Hoboken ASSET TYPE: Multifamily BUYER'S REP: Sharon Shahinian (@SharonRocksRealEstate) - Brown Harris Stevens (@BrownHarrisStevens) SELLER'S REP: Charles Rubenstein & Farah Alli (@FarahAlli.RealEstate) - Compass (@Compass) SALE PRICE: $3,400,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$12,079.50
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