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1425 Hudson Street

Keller Williams Village Square Realty Acquires Condo In Hoboken For $1.83M
SOLDCondo

Keller Williams Village Square Realty Acquires Condo In Hoboken For $1.83M

1425 Hudson Street

$1,830,000

$1,287/SF

Building Size

1,421 SF

Asset Type

Condo

Closing

Oct 6, 2023

AI

A 2 bedroom condominium located at 1425 Hudson Street in Hoboken, NJ has been sold for a staggering $1,830,000. The property measures 1,421 square feet, resulting in a price per square foot of $1,288. This sale has set a new record as the highest resale price for a 2 bedroom unit in the building to date, surpassing the asking price by $180,000.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,830,000
  • Address: 1425 Hudson Street, Hoboken, NJ
  • Market: Hoboken

Nancy Knox from Keller Williams Village Square Realty represented the buyer in this transaction. On the seller's side, Anthony Vetrano from Weichert Realtors served as the listing agent. Both parties played instrumental roles in securing the deal and ensuring a successful outcome.

Players

Anthony Vetrano

Weichert Realtors

Broker

$15.3M

vol

6 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

8.67%

Cash-on-Cash

-2.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93