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324 Hudson Street, Hoboken,...

Updated Dec 19, 2023

Prominent Properties Sotheby’s Intl Realty Sells Condo Unit 2 At 324 Hudson St, Hoboken, NJ For $2.05M
SOLD

Prominent Properties Sotheby’s Intl Realty Sells Condo Unit 2 At 324 Hudson St, Hoboken, NJ For $2.05M

324 Hudson Street, Hoboken, New Jersey 07030, United States

$2,050,000

$1,040/SF

Building Size

1,970 SF

Asset Type

Closing

Jan 18, 2022

About this deal

AI

A 1,970-square-foot condo located at 324 Hudson Street Unit 2 in Hoboken, NJ has been sold for $2,050,000. The property was listed for the same asking price and was purchased for the full amount. The condo is situated in a desirable market and offers a price per square foot of $1,040.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,050,000
  • Address: 324 Hudson Street Unit 2, Hoboken, NJ
  • Market: Hoboken, NJ
  • Asset Type: Condo

The sellers of the condo were David Vanegmond and Lindsey Vanegmond, while the buyer was represented by Kaitlynn Sauer from Lighthouse Residential. On the other hand, T. Courtenay Batcha and Ingrid Hart from Prominent Properties Sotheby’s International Realty served as the seller's representatives in the deal.

Players

Ingrid Hart

Sotheby's International Realty

Broker

$4.6M

vol

3 deals

Broker

Hoboken CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1K per square foot on a published $2.1M for 1,970 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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