Lisa Troyano From Engel & Völkers Acquires Multifamily Property In Hoboken, NJ For $2.3M
1124 Willow Avenue, Hoboken, NJ 07030, USA
$2,287,500
$602/SF
Building Size
3,800 SF
Asset Type
MultiFamily
Closing
Aug 2, 2020
AI
An multifamily property located at 1124 Willow Ave in Hoboken, NJ was recently sold for a total price of $2,287,500. The property spans 3,800 square feet, resulting in a price per square foot of $602.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,287,500
- Address: 1124 Willow Ave, Hoboken, NJ
- Market: Hoboken, NJ
In this transaction, Lisa Troyano from Engel & Völkers - Hoboken represented the buyer, while Renee Condon from Keller Williams City Life Realty represented the seller.
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
6.93%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93