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
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.
Players
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