Updated Oct 2, 2026
Mario Fini Purchases MultiFamily Property At 844 Park Ave Hoboken From David Stegman For $3,275,000
844 Park Ave
$3,275,000
$404/SF
Building Size
8,100 SF
Asset Type
MultiFamily
Closing
Apr 16, 2018
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 844 Park Ave in the Hoboken market. The transaction was completed on 04/16/2018 for a price of $3,275,000.00, encompassing a total square footage of 8,100.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,275,000.00
- Address: 844 Park Ave
- Market: Hoboken
- Square Footage: 8,100.0
- Buyer: Mario Fini
- Seller: David Stegman
- Broker: Steven Matovski - Redwood Realty Advisors
The individuals involved in this deal include the buyer, Mario Fini, and the seller, David Stegman, who facilitated the transaction through the services of the broker, Steven Matovski, representing Redwood Realty Advisors in the deal.
On the Map
$3,275,000
$404/SF
MultiFamily
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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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93