Updated Dec 22, 2023
RE/MAX On The Hudson Brokered $1.5M Multifamily Sale On Park Ave, Hoboken
632 Park Avenue, Hoboken, NJ, USA
$1,485,000
$825/SF
Building Size
1,800 SF
Asset Type
MultiFamily
Closing
Jun 3, 2020
About this deal
AI
Located at 632 Park Ave in Hoboken, NJ, a multifamily property was recently sold for a price of $1,485,000. The transaction took place on 06/03/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,485,000
- Market: Hoboken, NJ
Soha Fontaine from RE/MAX On the Hudson represented the buyer in this deal, while Puja Yagnik from Coldwell Banker Residential Brokerage represented the seller.
The multifamily sale at 632 Park Avenue, Hoboken, NJ, USA in Hoboken, New Jersey sold for $1.5M in 2020. The building is 1,800 square feet, implying about 825 per square foot on the published price. Puja Yagnik, Soha Fontaine, Coldwell Banker, Re/Max appear on the sale alongside Coldwell Banker, Re/Max. This page is the Hoboken, New Jersey file for the 632 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 632 Park Avenue, Hoboken, NJ, USA around 2020. Published consideration for 632 Park Avenue, Hoboken, NJ, USA is $1.5M, dated 2020. Cite this RE/MAX On The Hudson Brokered $1.5M Multifamily Sale On Park Ave, Hoboken sale when underwriting similar multifamily product around Hoboken, New Jersey.
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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
10.68%
Cash-on-Cash
-3.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93