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1100 Adams Street

Timothy Andreula Acquires Condo At 1100 Adams Street In Hoboken For $1.335M
SOLDCondo

Timothy Andreula Acquires Condo At 1100 Adams Street In Hoboken For $1.335M

1100 Adams Street

$1,335,000

$722/SF

Building Size

1,848 SF

Asset Type

Condo

Closing

Nov 15, 2023

AI

A condo located at 1100 Adams Street in Hoboken has been sold in a recent transaction. The property measures 1,848 square feet and was sold for $1,335,000, which translates to a price per square foot of $722. The sale took place on November 15, 2023.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,335,000
  • Property Address: 1100 Adams Street, Hoboken
  • Square Footage: 1,848
  • Price per Square Foot: $722

The buyer of the condo is Timothy Andreula, while the seller is Christopher Parcells. Dolores England represented the buyer, and Cara DiTommaso from Brown Harris Stevens represented the seller in this transaction.

Cara DiTommaso, the seller's representative, successfully closed the sale at a record-breaking price of $185,000 over the asking price. The property was professionally curated for sale and attracted multiple offers. For a complimentary market evaluation or any other real estate needs, you can contact Cara DiTommaso at [email protected].

Players

Dolores England

Broker

$3.2M

vol

2 deals

Broker

Hoboken Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.88%

Cash-on-Cash

-3.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93