Updated Dec 19, 2023
Prestige Property Group Acquires Condo On Maxwell Lane In Hoboken For $1,025,000
1025 Maxwell Lane, Hoboken, NJ 07030, USA
$1,025,000
$1,056/SF
Building Size
970 SF
Asset Type
—
Closing
Sep 9, 2021
About this deal
AI
A condo located at 1025 Maxwell Lane in Hoboken was recently sold for $1,025,000. The transaction took place on September 9, 2021. The condo spans across 970 square feet, resulting in a price per square foot of $1,057.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,025,000
- Address: 1025 Maxwell Lane, Hoboken
- Square Footage: 970
The sale was facilitated by Prestige Property Group, with Nicole Velasquez and Justin Trattou acting as the brokerage representatives. Nicole Velasquez, a licensed NJ Realtor and NJ Notary, can be contacted at [email protected]. Justin Trattou is a licensed NJ Realtor and can be reached at [email protected].
Players
Hoboken CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.48%
Cash-on-Cash
-4.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93