Shrijay Patel Leases Retail Space At 213 Washington St, Hoboken
213 Washington Street
$72
$72/SF
Building Size
1,350 SF
Asset Type
Retail
Closing
Aug 12, 2022
AI
The retail property located at 213 Washington St in Hoboken has been leased. The property spans 1,350 square feet and was leased for an asking rent of $72 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Leased
- Address: 213 Washington St
- Market: Hoboken
The landlord for this transaction is Quirong Lu, while the tenant is Shrijay Patel. The deal was facilitated by Chris Conway from The Goldstein Group and Angela Vartuli from Liberty Realty.
Players
Hoboken Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
220319.44%
Cash-on-Cash
-62967.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93