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61 Paterson Avenue

Donny And Robin Pritztlaff Purchase Commercial & Multifamily Property In Hoboken For $2.7M
SOLDCommercial

Donny And Robin Pritztlaff Purchase Commercial & Multifamily Property In Hoboken For $2.7M

61 Paterson Avenue & 63-65 Paterson Avenue

$2,700,000

$688/SF

Building Size

1,850 SF

Asset Type

Commercial

Closing

Jul 10, 2026

AI

A commercial and multifamily property located at 61 Paterson Avenue and 63-65 Paterson Avenue in Hoboken has been sold for $2,700,000. The total square footage of the asset is 3,922, resulting in a price per square foot of $688.

Summary of transation details:

The transaction was facilitated by the broker Lana Falcicchio of Boutique Realty. The deal highlights the participation of Donny and Robin Pritztlaff as buyers and Mario Ratto as the seller. A successful closing has been noted for the properties involved.

Players

Lana Falcicchio

Boutique Realty

Broker

$7.9M

vol

2 deals

Broker
Boutique Realty
Boutique RealtyBrokerage

Donny Pritztlaff

Buyer

$2.7M

vol

1 deal

Buyer

Mario Ratto

Seller

$2.7M

vol

1 deal

Seller

Hoboken Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93