SOLDCondo
Prime Real Estate Group Represents Buyer In $2.45M Hoboken Condo Sale
408 Adams Street
$2,450,000
$1,181/SF
Building Size
2,073 SF
Asset Type
Condo
Closing
Oct 2, 2023
AI
A condo located at 408 Adams Street in Hoboken, NJ has been sold for a price of $2,450,000. The property spans across 2,073 square feet and was sold at a price per square foot of $1,182.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,450,000
- Address: 408 Adams Street, Hoboken, NJ
- Market: Hoboken, NJ
The buyer's representative for this transaction was Jonathan Bevacqua from PRIME Real Estate Group, while the seller's representative was Anthony Vetrano from Weichert Realtors.
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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93