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208 Newark Street

Aryana Oveissi Of Christie's International Real Estate Acquires Single Family Home In Hoboken, NJ For $3.3M
SOLDSingle Family

Aryana Oveissi Of Christie's International Real Estate Acquires Single Family Home In Hoboken, NJ For $3.3M

208 Newark Street

$3,300,000

$898/SF

Building Size

3,673 SF

Asset Type

Single Family

Closing

Dec 5, 2023

AI

A single-family home located at 208 Newark Street in Hoboken, NJ has been sold. The property, with a total square footage of 3,673, was listed for sale with an asking price of $3,500,000. The sale was facilitated by Aryana Oveissi from Christie's International Real Estate, who represented the buyer, and Peter Cossio from HudsonRealtyGroup, who represented the seller. The property was eventually sold for $3,300,000, resulting in a price per square foot of $898.

Summary of transaction details

The successful transaction signifies the completion of the sale for the single-family property at 208 Newark Street in Hoboken, NJ. Aryana Oveissi of Christie's International Real Estate advocated for the buyer, while Peter Cossio, representing HudsonRealtyGroup, acted as the seller's representative. Both parties worked diligently to finalize the sale, resulting in a successful transaction.

Players

Peter Cossio

Brown Harris Stevens

Broker

$29M

vol

8 deals

Broker

Hoboken Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93