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1026 Clinton Street, Hoboke...

Anthony Packwood & Alex Taylor Secure $1.63M Sale Of Hoboken Condo
SOLD

Anthony Packwood & Alex Taylor Secure $1.63M Sale Of Hoboken Condo

1026 Clinton Street, Hoboken, NJ, USA

$1,625,000

$785/SF

Building Size

2,068 SF

Asset Type

Closing

Jul 28, 2021

AI

Alex Taylor and Anthony Packwood have successfully closed a sale transaction for a condominium located at 1026 Clinton Street, Hoboken, NJ. This condo, with a total area of 2,068 square feet, was sold for the listed price of $1,625,000. The property is a highly sought-after asset in the market.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,625,000
  • Address: 1026 Clinton Street, Hoboken, NJ
  • Closing Date: 07/29/2021
  • Listing Brokers: Anthony Packwood & Alex Taylor

Alex Taylor and Anthony Packwood, representing the buyer and seller respectively, played a pivotal role in finalizing this deal. Their expertise and negotiation skills ensured the successful completion of the transaction. The price per square foot for this condo was calculated to be $786.

Players

Anthony Packwood

Engel & Völkers

Broker

$3.2M

vol

2 deals

Broker

Hoboken CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93