SOLD
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
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.
Players
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93