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1130 Willow Avenue

Anthony Vetrano & Josephine Alvarado Broker $1.65M Sale Of 4-unit Multifamily Property In Hoboken
SOLDMultiFamily

Anthony Vetrano & Josephine Alvarado Broker $1.65M Sale Of 4-unit Multifamily Property In Hoboken

1130 Willow Avenue

$1,650,000

Building Size

Asset Type

MultiFamily

Closing

May 3, 2024

AI

A charming four-unit multifamily home located at 1130 Willow Avenue in Hoboken was sold for $1,650,000. Each of the four units within the property was priced at $412,500, offering well-maintained apartments with spacious layouts and abundant natural light in a desirable market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Units: 4
  • Price Per Unit: $412,500
  • Address: 1130 Willow Avenue
  • Market: Hoboken

Anthony Vetrano from Weichert Realtors represented the buyer in the transaction for the multifamily property. Josephine Alvarado of Re/Max Revolution served as the seller's representative, facilitating the sale of the well-priced and well-maintained property in Hoboken.

Players

Anthony Vetrano

Weichert Realtors

Broker

$15.3M

vol

6 deals

Broker

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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93