Hudson Place Realty Inc Sells Land On 2nd St, Hoboken For $1.7M
SOLD
$1,700,000
New Jersey
See Similar Deals2,610 SF
Sold 06/08/2021
SOLD
Hudson Place Realty Inc Sells Land On 2nd St, Hoboken For $1.7M
212-214 2nd St, Hoboken, NJ, USA
See Similar Deals2,610 SF
Sold 06/08/2021
Summary
NEW JERSEY
Price Per Square Foot:$651
Total Square Footage:2,610 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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