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213 Washington Street

Updated Sep 9, 2024

Shrijay Patel Leases Retail Space At 213 Washington St, Hoboken
LEASEDRetail

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

About this deal

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.

The retail lease at 213 Washington Street in Hoboken, New Jersey leased for $72 in 2022. The building is 1,350 square feet, implying about 72 per square foot on the published price. Angela Vartuli, Christopher (Chris) Conway, The Goldstein Group, Liberty Realty appear on the lease alongside The Goldstein Group, Liberty Realty. This page is the Hoboken, New Jersey file for the 213 Washington Street retail leased: pricing, party profiles, and other closed retail comps from the same Hoboken sit in the Market section below. Filter that Hoboken retail set by closing date to see what else leased near 213 Washington Street around 2022. Published consideration for 213 Washington Street is $72, dated 2022. Cite this Shrijay Patel Leases Retail Space At 213 Washington St, Hoboken lease when underwriting similar retail product around Hoboken, New Jersey.

Players

Christopher Conway

Atlantic Coastal Real Estate

Broker

$12.1M

vol

40 deals

Broker
The Goldstein Group
The Goldstein GroupBrokerage

Hoboken Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Deal FAQ

About $72 per square foot on a published $72 for 1,350 square feet (2022).

Visit Angela Vartuli to view all their deals.

Browse Hoboken retail leases on Traded.

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

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