Anthony Packwood & Michael Bozzi Jr. Sell Multifamily Property For $1.595M In Hoboken
SOLD
$1,595,000
New Jersey
See Similar DealsMultiFamily1,250 SF
Sold 08/06/2020
SOLD
Anthony Packwood & Michael Bozzi Jr. Sell Multifamily Property For $1.595M In Hoboken
724 Park Avenue, Hoboken, NJ, USA
See Similar DealsMultiFamily1,250 SF
Sold 08/06/2020
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,276
Total Square Footage:1,250 SF
Transaction Type:Sale
The multifamily property located at 724 Park Ave in Hoboken has been sold. The deal was facilitated by brokers Anthony Packwood and Michael Bozzi Jr. The property was listed for $1,595,000 and sold for the same price.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,595,000
The sale of the property at 724 Park Ave was handled by brokers Anthony Packwood and Michael Bozzi Jr. No additional details about the transaction were provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,666.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,561.11
Annual Debt Service$90,733.36
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