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Key Details
Sold Price $3,600,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230011732
Sold Date 10/27/23
Full Baths 9
Annual Tax Amount $22,720
Property Description
Welcome to an exceptional investment opportunity! Calling all investors and developers. Situated in the heart of Hoboken, just 3 blocks off Washington Street, this property offers the perfect location for maximizing returns through resale or rental income! This impressive fully vacant property features 8 residential units and one ground-floor commercial space, allowing you to unlock its full potential with your innovative ideas. The building showcases a charming brick exterior and is ideally located on one of Hoboken's most prestigious blocks. Residents will have the luxury of award-winning restaurants, shops, and parks just feet away, ensuring convenience and a vibrant lifestyle. With this property, the possibilities are endless. Explore various options such as rental units, conversion into single-floor plan units or condos, refinishing all 8 units, incorporating roof decks, and much more. The abundance of choices enables you to tailor the property to your vision. Moreover, the 4th and 5th floors offer breathtaking views of the iconic NYC skyline, providing a significant advantage for future tenants or owners seeking a premium living experience. Floor plans are approximate. Don't miss out on this extraordinary opportunity to capitalize on the thriving Hoboken market. Contact us today to learn more and schedule a private viewing.
Location
State NJ
County Hudson
Area Hoboken
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Bought with FATHOM REALTY NJ, LLC
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Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676