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408 Adams Street

Updated Dec 4, 2024

Prime Real Estate Group Represents Buyer In $2.45M Hoboken Condo Sale
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

About this deal

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.

On the Map

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$2,450,000

$1,181/SF

Condo

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Players

Jonathan Bevacqua

PRIME Real Estate Group

Broker

$4.5M

vol

2 deals

Broker

Hoboken Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $2.5M for 2,073 square feet (2023).

Visit Jonathan (Jon) Bevacqua to view all their deals.

Browse Hoboken condo sales on Traded.

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

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