Updated Apr 9, 2025
Rajeev Rewari Purchases Condo From Mike Galorenzo For $2.8M In Hoboken
414 Jefferson Street
$2,800,000
$988/SF
Building Size
2,833 SF
Asset Type
Condo
Closing
Apr 5, 2024
About this deal
AI
A condo located at 414 Jefferson Street Unit 2 in Hoboken was sold for $2,800,000. The property boasts a total square footage of 2,833, leading to a price per square foot of $988.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,800,000
- Address: 414 Jefferson Street Unit 2
- Market: Hoboken
- Square Footage: 2,833
- Price Per Square Foot: $988
- Buyer: Rajeev Rewari
- Seller: Mike Galorenzo
- Broker: Ishita Dalal - The Ishita Dalal Group - Keller Williams Realty
The transaction involved Rajeev Rewari as the buyer and Mike Galorenzo as the seller. Ishita Dalal represented the seller in the deal through The Ishita Dalal Group at Keller Williams Realty.
Hoboken Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $988 per square foot on a published $2.8M for 2,833 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93