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1125 Maxwell Lane, Hoboken,...

Updated Dec 19, 2023

Anton Mayer's MK Group Properties Represents Buyer In $2.6M Hoboken Condo Sale
SOLD

Anton Mayer's MK Group Properties Represents Buyer In $2.6M Hoboken Condo Sale

1125 Maxwell Lane, Hoboken, NJ 07030

$2,625,000

$1,431/SF

Building Size

1,834 SF

Asset Type

Closing

Oct 1, 2021

About this deal

AI

A condo located at 1125 Maxwell Lane, Unit 1127 in Hoboken, NJ was recently sold in a closed transaction. The property, featuring 1,834 square feet, was sold for a sale price of $2,625,000. The condo boasts a price per square foot of $1,431.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $2,625,000
  • Address: 1125 Maxwell Lane, Unit 1127, Hoboken, NJ
  • Market: Hoboken, NJ
  • Asset Type: Condo

The buyer's representative in this deal was Anton Mayer from MK Group Properties.

Players

Anton Mayer

Broker

$2.6M

vol

1 deal

Broker

Hoboken CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $2.6M for 1,834 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.04%

Cash-on-Cash

-1.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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