SOLDMultiFamily
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
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.
Players
Hoboken MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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