• Premier Retail and Residential location commanding top-tier rents with exceptional leasing velocity • Situated in Downtown Hoboken, with a living population of ~90,000 residents within 1 mile and a median age of 33, it is one of the most highly coveted and dense sub-markets in New Jersey • Direct mass transit access at a discount to the cost of New York City • 2 blocks from the Hudson River overlooking Manhattan, and a 5-minute walk from the Hoboken Terminal with train service to NYC in under 10 minutes and via Ferry service in about 5 minutes • Opportunity to stabilize a property in one of the most sought-after Retail corridors in the Tri-State area • Potential to develop a cost effective mid-rise multifamily structure with 4 additional stories of 16-20 luxury residential apartments above the prime retail units, subject to approvals • Transit Oriented Development is the most active and attractive market segment - Abundance of successful Developments in close proximity to the property • National retailers surrounding the property, including Nike, Abercrombie & Fitch, Trader Joe’s, Starbucks, Lululemon, McDonald’s, CVS and Chipotle • Hoboken population has grown by about 25% in the last 15 years, with close to half of that fueled by millennial growth • Phenomenal area demographics with average annual household income of over $210,000 within a 1-mile radius • This area received a perfect Walk Score by publication Walker’s Paradise of 100 out of 100, indicating that all lifestyle amenities are within walking distance