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$ 4,999,999
Est. payment | /mo
5.5 Baths
$ 4,999,999
Est. payment | /mo
5.5 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260013709
Full Baths 4
Half Baths 3
Annual Tax Amount $25,663
Lot Dimensions 80 x 22
Property Sub-Type Investment
Property Description
Rare Investment Opportunity on Hoboken's Premier Washington Street,,,,,,Exceptional investment opportunity in the heart of downtown Hoboken's highly sought-after Washington Street business district. This impressive mixed-use building offers outstanding income potential and features one commercial space, two beautifully gut-renovated full-floor residential apartments, and a full basement for commercial space. Situated on an 80' x 22' lot, the building measures approximately 69.6' x 22', offering over 4,500 square feet of interior space, plus a full basement.The ground-floor commercial space is currently occupied by a well-established restaurant, providing stable commercial tenancy. Above, you'll find two expansive full-floor apartments, each offering approximately 1,500 square feet with 3 bedrooms and 2 full bathrooms. Thoughtfully renovated from top to bottom, these spacious residences are ideal for owner-occupants or investors seeking premium rental income, including shared housing opportunities. Apartment features include:Modern kitchens with white cabinetry, Stainless steel appliances, including dishwasher and microwave, Spacious open living areas, Large bedrooms, High ceilings, Hardwood floors throughout, Beautifully tiled contemporary bathrooms, Generous closet space, Wall-mounted heating /air conditioning units, On-demand hot water and In-unit laundry. Additional highlights include nearby rental parking available at the municipal garage and an unbeatable location just moments from the PATH, NYC bus transportation, shopping, restaurants, and Hoboken's vibrant nightlife. This is a rare chance to own a prime mixed-use asset on one of Hoboken's most desirable commercial corridors, offering exceptional long-term investment value and strong rental potential.
Location
State NJ
County Hudson
Area Hoboken
Listed by CORCORAN SAWYER SMITH
NEARBY SCHOOLS & PROPERTIES
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