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719 Willow Avenue

Hudson Dorms Purchases Mixed-Use Property At 719 Willow Avenue In Hoboken For $4.56M
SOLDMixed-use

Hudson Dorms Purchases Mixed-Use Property At 719 Willow Avenue In Hoboken For $4.56M

719 Willow Avenue

$4,560,000

$438/SF

Building Size

10,400 SF

Asset Type

Mixed-use

Closing

Aug 12, 2025

AI

This mixed-use property, located at 719 Willow Avenue in Hoboken, was sold for $4,560,000. The asset encompasses 9 units and has a total square footage of 10,400, which translates to a price per unit of $506,666 and a price per square foot of $438.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,560,000
  • Units: 9
  • Square Footage: 10,400
  • Price Per Unit: $506,666
  • Price Per Square Foot: $438
  • Buyer: Hudson Dorms
  • Seller: Kevin Smith
  • Broker: Jonathan Zamora - Marcus & Millichap

The transaction brings together key stakeholders including Hudson Dorms as the buyer and Kevin Smith as the seller. Jonathan Zamora from Marcus & Millichap represented the seller in this deal, facilitating the transaction in the Hoboken market.

Players

Jonathan Zamora

Marcus & Millichap

Broker

$76.4M

vol

24 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Hoboken Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.48%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93