Compass New Jersey LLC Acquires Multifamily Property In Hoboken, NJ For $1.965M
SOLD
$1,965,000
New Jersey
See Similar DealsMultiFamily1,106 SF
Sold 08/03/2020
SOLD
Compass New Jersey LLC Acquires Multifamily Property In Hoboken, NJ For $1.965M
939 Bloomfield Street, Hoboken, NJ 07030, USA
See Similar DealsMultiFamily1,106 SF
Sold 08/03/2020
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,776
Total Square Footage:1,106 SF
Transaction Type:Sale
The multifamily property located at 939 Bloomfield St in Hoboken, NJ has been sold for $1,965,000. The sale took place on 08/03/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,965,000
- Date: 08/03/2021
- Address: 939 Bloomfield St, Hoboken, NJ
The buyer's representative for this transaction was Diana Sutherlin from Compass New Jersey LLC, while the seller's representative was Peter Cossio from Brown Harris Stevens New Jersey.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$104,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,981.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,315.10
Annual Debt Service$111,781.23
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