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613 Hudson Street, Hoboken,...

Clark Acquires Condo At 613 Hudson St In Hoboken From 611 Hudson LLC For $2.465M
SOLD

Clark Acquires Condo At 613 Hudson St In Hoboken From 611 Hudson LLC For $2.465M

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

$2,465,000

$965/SF

Building Size

2,554 SF

Asset Type

Closing

Mar 30, 2022

AI

Located at 613 Hudson St in Hoboken, this recently sold property is a condominium with a total area of 2,554 square feet. The transaction was completed on March 31, 2022, with a sale price of $2,465,000. The buyer of the condo was Clark, while the seller was 611 Hudson LLC. The property was represented by Todd Maloof from the Hudson Dwellings division of Prime Real Estate Group as the buyer's representative. Jackie Petruzzelli from Hudson Place Realty acted as the seller's representative. The asking price for this condo was set at $2,550,000, and the final sale price turned out to be slightly lower, resulting in a price per square foot of $965.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,465,000
  • Address: 613 Hudson St, Hoboken
  • Buyer: Clark
  • Seller: 611 Hudson LLC
  • Buyer's Representative: Todd Maloof - Hudson Dwellings - Prime Real Estate Group
  • Seller's Representative: Jackie Petruzzelli - Hudson Place Realty
  • Asking Price: $2,550,000
  • Square Footage: 2,554
  • Price per Square Foot: $965

Todd Maloof, who can be contacted via email at [email protected] or by calling 551.427.2000, represented the buyer's side of the deal. This sale represents a successful transaction in the real estate market, showcasing the expertise and negotiation skills of the involved parties.

Players

Jacqueline Petruzzelli

Broker

$4.6M

vol

3 deals

Broker

Hoboken CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.44%

Cash-on-Cash

-1.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93