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
Hoboken Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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