Berkshire Hathaway HomeServices Acquires Garden St Multifamily In Hoboken, NJ For $2.05M
SOLD
$2,050,000
New Jersey
See Similar DealsMultiFamily1,431 SF
Sold 04/05/2021
SOLD
Berkshire Hathaway HomeServices Acquires Garden St Multifamily In Hoboken, NJ For $2.05M
936 Garden Street, Hoboken, NJ, USA
See Similar DealsMultiFamily1,431 SF
Sold 04/05/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,432
Total Square Footage:1,431 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$109,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,283.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,718.05
Annual Debt Service$116,616.55
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