Updated Sep 5, 2024
Anthony Packwood & Michael Bozzi Jr. Sell Multifamily Property For $1.595M In Hoboken
724 Park Avenue, Hoboken, NJ, USA
$1,595,000
$1,276/SF
Building Size
1,250 SF
Asset Type
MultiFamily
Closing
Aug 6, 2020
About this deal
AI
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.
The multifamily sale at 724 Park Avenue, Hoboken, NJ, USA in Hoboken, New Jersey sold for $1.6M in 2020. The building is 1,250 square feet, implying about 1.3K per square foot on the published price. Anthony Packwood, Michael Bozzi Jr, Engel & Völkers, Keller Williams Realty appear on the sale alongside Engel & Völkers, Keller Williams Realty. This page is the Hoboken, New Jersey file for the 724 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 724 Park Avenue, Hoboken, NJ, USA around 2020. Published consideration for 724 Park Avenue, Hoboken, NJ, USA is $1.6M, dated 2020. Cite this Anthony Packwood & Michael Bozzi Jr. Sell Multifamily Property For $1.595M In 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
9.95%
Cash-on-Cash
-2.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93