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936 Garden Street, Hoboken,...

Berkshire Hathaway HomeServices Acquires Garden St Multifamily In Hoboken, NJ For $2.05M
SOLDMultiFamily

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

Padraic Gallagher

Compass

Broker

$3.5M

vol

2 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

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