Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 604 Park Avenue, Hoboken, NJ, USA in Hoboken, New Jersey sold for $1.4M in 2021. The building is 2,284 square feet, implying about 599 per square foot on the published price. Renee Condon, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Hoboken, New Jersey file for the 604 Park Avenue, Hoboken, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hoboken sit in the Market section below. Filter that Hoboken multifamily set by closing date to see what else sold near 604 Park Avenue, Hoboken, NJ, USA around 2021. Published consideration for 604 Park Avenue, Hoboken, NJ, USA is $1.4M, dated 2021. Cite this Keller Williams City Life JC Realty Sells Multifamily Property In Hoboken For $1.37M sale when underwriting similar multifamily product around Hoboken, New Jersey.
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