SOLDMultiFamily
Keller Williams City Life JC Realty Sells Multifamily Property In Hoboken For $1.37M
604 Park Avenue, Hoboken, NJ, USA
$1,370,000
$599/SF
Building Size
2,284 SF
Asset Type
MultiFamily
Closing
Feb 18, 2021
AI
A multifamily property located at 604 Park Ave in Hoboken has been sold for a price of $1,370,000. The transaction took place on February 19, 2021. The property was listed by Renee Condon of Keller Williams City Life JC Realty.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,370,000
- Address: 604 Park Ave
- Market: Hoboken
Renee Condon from Keller Williams City Life JC Realty represented the seller in this deal.
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
11.58%
Cash-on-Cash
-3.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93