Marcus W. Pinto Acquires Hoboken Multifamily For $1.6M
SOLD
$1,600,000
New Jersey
See Similar DealsMultiFamily14,401 SF
Sold 10/01/2021
SOLD
Marcus W. Pinto Acquires Hoboken Multifamily For $1.6M
1126 Willow Avenue, Williamstown, NJ 08094, USA
See Similar DealsMultiFamily14,401 SF
Sold 10/01/2021
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$111
Total Square Footage:14,401 SF
Transaction Type:Sale
A multifamily property located at 1126 Willow Ave in Hoboken, NJ was recently sold for $1,600,000. The transaction took place on 10/01/2021. The property consists of 2 units, with a price per unit (PPU) of $800,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Units: 2
- PPU: $800,000
The buyer's representative for this transaction was Marcus W. Pinto from Compass, while the seller's representative was Margarita Olivieri from eXp Realty, LLC.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
Is there something missing? Send suggestions