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$ 4,700,000
Est. payment | /mo
$ 4,700,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015491
Annual Tax Amount $29,779
Lot Dimensions 35x100
Property Description
This purchase and hold offering represents a recently updated opportunity to acquire the only available 20+ unit asset in Hoboken with the potential to add value by increasing the rents to market. Leases are one year. Units are separately metered for electricity and cooking gas. Heating gas is provided by the building. Property offers a laundry room consisting of 2 washers and 2 dryers and is located in the walkout basement that also leads to the intimate, well maintained, backyard. This 20+ unit building is offered at $4,700,000 with a 5.7% cap.
Location
State NJ
County Hudson
Area Hoboken
Listed by LIBERTY REALTY LLC
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Carlos "Alex" Jesus
Broker | Lic# 9798051