Updated Oct 29, 2024
EMazzanti Technologies Acquires Retail Condo In Hoboken From Prism Capital Partners
720 Clinton Street
$2,475,000
$727/SF
Building Size
3,400 SF
Asset Type
Retail
Closing
Oct 28, 2022
About this deal
AI
A +/- 3,400 square foot commercial condo located at 720 Clinton St in Hoboken has been sold at Wonder Lofts for $2,475,000. The property is situated in the retail market and has a price per square foot of $728.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,475,000
- Address: 720 Clinton St
- Market: Hoboken
eMazzanti Technologies has acquired the commercial condo, while Prism Capital Partners acted as the seller. The transaction was facilitated by Robert Mackowski from Pierson Commercial.
Note: This transaction marks the sale of a commercial condo at Wonder Lofts.
Players
Hoboken Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $727 per square foot on a published $2.5M for 3,400 square feet (2022).
Visit Robert Mackowski to view all their deals.
Browse Hoboken retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93