Updated Dec 21, 2023
Hudson Place Realty Inc Sells Land On 2nd St, Hoboken For $1.7M
212-214 2nd St, Hoboken, NJ, USA
$1,700,000
$651/SF
Building Size
2,610 SF
Asset Type
—
Closing
Jun 7, 2021
About this deal
AI
The property asset involved in this closed transaction is land located at 212-214 2nd St in Hoboken, NJ. The land has a total square footage of 2,610. The sale price of the land was $1,700,000, resulting in a price per square foot of $651.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,700,000
- Address: 212-214 2nd St, Hoboken, NJ
- Market: Hoboken, NJ
The broker involved in this transaction was David Domanich from Hudson Place Realty Inc.
The commercial sale at 212-214 2nd St, Hoboken, NJ, USA in Hoboken, New Jersey sold for $1.7M in 2021. The building is 2,610 square feet, implying about 651 per square foot on the published price. Named participants on the 212-214 2nd St, Hoboken, NJ, USA sale are David Domanich. This page is the Hoboken, New Jersey file for the 212-214 2nd St, Hoboken, NJ, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same Hoboken sit in the Market section below. Filter that Hoboken commercial set by closing date to see what else sold near 212-214 2nd St, Hoboken, NJ, USA around 2021. Published consideration for 212-214 2nd St, Hoboken, NJ, USA is $1.7M, dated 2021. Cite this Hudson Place Realty Inc Sells Land On 2nd St, Hoboken For $1.7M sale when underwriting similar commercial product around Hoboken, New Jersey.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93