SOLDMultiFamily
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
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.
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