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720 Clinton Street, Hoboken...

Exp Realty Sells Condo At 720 Clinton St In Hoboken For $2.6M
SOLD

Exp Realty Sells Condo At 720 Clinton St In Hoboken For $2.6M

720 Clinton Street, Hoboken, New Jersey 07030, United States

$2,589,000

$1,278/SF

Building Size

2,025 SF

Asset Type

Closing

Jun 29, 2022

AI

A condominium unit located at 720 Clinton St, Hoboken, was recently sold for a total sale price of $2,589,000. The property features a total area of 2,025 square feet, resulting in a price per square foot of $1,279.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,589,000
  • Address: 720 Clinton St, Hoboken
  • Square Footage: 2,025
  • Price per Square Foot: $1,279

The sale was facilitated by Steven Betancurth from Exp Realty, who represented the buyer and seller in the transaction. Steven Betancurth is a reputable broker known for their expertise in the real estate industry.

Players

Steven Betancurth

Real Broker

Broker

$8.4M

vol

4 deals

Broker
EXP Realty
EXP RealtyBrokerage

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

6.13%

Cash-on-Cash

-1.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93