Updated Dec 4, 2024
Coronato Property Group Brokers $3.6M Sale Of Multifamily Property In Hoboken
746 Park Avenue
$3,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2023
About this deal
AI
A multifamily property located at 746 Park Avenue in Hoboken was recently sold for a total price of $3,600,000. The transaction was facilitated by Christopher Coronato of Coronato Property Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Address: 746 Park Avenue
- Market: Hoboken
Christopher Coronato, representing Coronato Property Group, played a crucial role in brokering the sale of this multifamily property. Additional information about the property and transaction was not provided.
The multifamily sale at 746 Park Avenue in Hoboken, New Jersey sold for $3.6M in 2023. 746 Park Avenue is classified as Multifamily on Traded. Christopher (Chris) Coronato, Coronato Property Group appear on the sale alongside Coronato Property Group. This page is the Hoboken, New Jersey file for the 746 Park Avenue 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 746 Park Avenue around 2023. Published consideration for 746 Park Avenue is $3.6M, dated 2023. Cite this Coronato Property Group Brokers $3.6M Sale Of Multifamily Property In Hoboken sale when underwriting similar multifamily product around Hoboken, New Jersey.
On the Map
$3,600,000
MultiFamily
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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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93