Berkshire Hathaway HomeServices Acquires Garden St Multifamily In Hoboken, NJ For $2.05M
936 Garden Street, Hoboken, NJ, USA
$2,050,000
$1,432/SF
Building Size
1,431 SF
Asset Type
MultiFamily
Closing
Apr 4, 2021
AI
A multifamily property located at 936 Garden St in Hoboken, NJ has been sold for a price of $2,050,000. The property features multiple residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 936 Garden St, Hoboken, NJ
- Market: Hoboken, NJ
The buyer's representative in this deal was Padraic Gallagher from Berkshire Hathaway HomeServices Hudson River Properties, while the seller's representative was Andrew Impastato from Prime Real Estate Group.
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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93