308 Madison St - Apartments FOR SALE


Hoboken, NJ 07030- Downtown Hoboken
$4,700,000 USD
917-526-2982
308 Madison St, Hoboken, NJ for Sale
$4,700,000 USD
Apartments - FOR SALE
1/26
null | 5.67% Cap Rate

308 Madison St
Hoboken, NJ 07030
Downtown Hoboken


HIGHLIGHTS

  • Great Unit Mix
  • Upside on Existing Rents
  • Recently Replaced Roof
  • PTAC Units Thought
  • Directly Across from New 30 Unit Multifamily Development

OVERVIEW

Solid Value Add 10 Unit Brick Building with Rare Unit Mix. (4) 1 Bedrooms, (2) 2 Bedrooms and (4) 3 Bedrooms. Recent upgrades include Butterfly Intercom System, Several Renovated Units, New Roof and Washer/Dryer Room in the basement. Located directly across from a large scale new multifamily development.

FOR SALE DETAILS

PRICE

$4,700,000 USD

PRICE/SF

$910 USD /SF

# OF UNITS

10

PRICE/UNIT

$470,000

CAP RATE

5.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R-3

APN/PARCEL ID

05-00048-0000-00030

ASK ABOUT THIS PROPERTY

Jason TrembickiKW CommercialMore Info
917-526-2982

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Jason TrembickiKW CommercialMore Info
917-526-2982

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.