Updated Dec 19, 2023
Compass New Jersey LLC Acquires Multifamily Property In Hoboken, NJ For $1.965M
939 Bloomfield Street, Hoboken, NJ 07030, USA
$1,965,000
$1,776/SF
Building Size
1,106 SF
Asset Type
MultiFamily
Closing
Aug 3, 2020
About this deal
AI
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.
The multifamily sale at 939 Bloomfield Street, Hoboken, NJ 07030, USA in Hoboken, New Jersey sold for $2M in 2020. The building is 1,106 square feet, implying about 1.8K per square foot on the published price. Diana Sutherlin, Peter Cossio, Brown Harris Stevens, Compass appear on the sale alongside Brown Harris Stevens, Compass. This page is the Hoboken, New Jersey file for the 939 Bloomfield Street, Hoboken, NJ 07030, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 939 Bloomfield Street, Hoboken, NJ 07030, USA around 2020. Published consideration for 939 Bloomfield Street, Hoboken, NJ 07030, USA is $2M, dated 2020. Cite this Compass New Jersey LLC Acquires Multifamily Property In Hoboken, NJ For $1.965M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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
8.07%
Cash-on-Cash
-2.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93