Mario Tridente & Tarek Hassieb Of Liberty Realty Sell Multifamily Property For $1.34M On Jefferson St In Hoboken, NJ
SOLD
$1,340,000
New Jersey
See Similar DealsMultiFamily4,500 SF
Sold 04/05/2021
SOLD
Mario Tridente & Tarek Hassieb Of Liberty Realty Sell Multifamily Property For $1.34M On Jefferson St In Hoboken, NJ
92 Jefferson St, Hoboken, NJ, USA
See Similar DealsMultiFamily4,500 SF
Sold 04/05/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$297
Total Square Footage:4,500 SF
Transaction Type:Sale
A multifamily property located at 92 Jefferson St in Hoboken, NJ, has been sold for a total price of $1,340,000. The property was listed on the market for sale and the transaction was completed on 04/05/2021. The asset type of this property is multifamily, indicating that it consists of multiple residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,340,000
- Location: 92 Jefferson St, Hoboken, NJ
- Market: Hoboken, NJ
The sale of this multifamily property was facilitated by brokers Mario Tridente and Tarek Hassieb from Liberty Realty, who represented the parties involved in the deal. The involvement of these brokers highlights their expertise and experience in the real estate market.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$71,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,760.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,352.28
Annual Debt Service$76,227.40
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