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
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