719 Willow Ave - Apartments FOR SALE


Hoboken, NJ 07030- Downtown Hoboken
$5,200,000 USD
201-742-6121
719 Willow Ave, Hoboken, NJ for Sale
$5,200,000 USD
Apartments - FOR SALE
1/5
null | 6% Cap Rate

719 Willow Ave
Hoboken, NJ 07030
Downtown Hoboken


HIGHLIGHTS

  • 9 Apartments All Renovated
  • Two Commercial Components Can Be Leased With Interested Tenant Or Laundromat Business Included In Sale

OVERVIEW

Rare Multi-Family Investment in the Heart of Uptown Hoboken Six Blocks from Washington Street and Hoboken Terminal Proximity to PATH, Ferry, and NJ Transit Offering Seamless Access to Midtown and Downtown Manhattan Stabilized Cash Flow with Strong Market Rents and Upside Potential Mostly 2 Bdrms All Renovated Tenant Interested In Long Term Lease If Interested Surrounded by Parks, Retail, Dining, and Top Public and Private Schools Steps from Stevens Institute of Technology and Hoboken University Medical Center Located in a Supply-Constrained Market with Limited Future Development Pipeline Renovated Laundromat Business with 60 Machines Included in the Sale

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$440 USD /SF

# OF UNITS

11

PRICE/UNIT

$472,727

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,200 SF

ZONING

R-2, Hoboken

APN/PARCEL ID

05-00169-0000-00012

ASK ABOUT THIS PROPERTY

Jonathan ZamoraMarcus & MillichapMore Info
201-742-6121

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Jonathan ZamoraMarcus & MillichapMore Info
201-742-6121

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