Multifamily Property In Hoboken Sells For $3.2M With Buyer's Rep Angela Vartuli & Seller's Rep Alexandra Petruzella
1017 Park Avenue
$3,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 21, 2023
AI
In Hoboken, the multifamily property at 1017 Park Avenue was sold for $3,200,000. The property is located in the market of Hoboken and consists of a multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 1017 Park Avenue
- Market: Hoboken
The buyer's representative in the transaction was Angela Vartuli of Liberty Realty, while the seller's representative was Alexandra Petruzella of Corcoran Sawyer Smith.
Please note that the above transaction details are based on the available information.
Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93