House Description

Rare Investment Opportunity on Hoboken's Premier Washington Street,,,,,,Exceptional investment opportunity in the heart of downtown Hoboken's highly sought-after Washington Street business district. This impressive mixed-use building offers outstanding income potential and features one commercial space, two beautifully gut-renovated full-floor residential apartments, and a full basement for commercial space. Situated on an 80' x 22' lot, the building measures approximately 69.6' x 22', offering over 4,500 square feet of interior space, plus a full basement.The ground-floor commercial space is currently occupied by a well-established restaurant, providing stable commercial tenancy. Above, you'll find two expansive full-floor apartments, each offering approximately 1,500 square feet with 3 bedrooms and 2 full bathrooms. Thoughtfully renovated from top to bottom, these spacious residences are ideal for owner-occupants or investors seeking premium rental income, including shared housing opportunities. Apartment features include:Modern kitchens with white cabinetry, Stainless steel appliances, including dishwasher and microwave, Spacious open living areas, Large bedrooms, High ceilings, Hardwood floors throughout, Beautifully tiled contemporary bathrooms, Generous closet space, Wall-mounted heating /air conditioning units, On-demand hot water and In-unit laundry. Additional highlights include nearby rental parking available at the municipal garage and an unbeatable location just moments from the PATH, NYC bus transportation, shopping, restaurants, and Hoboken's vibrant nightlife. This is a rare chance to own a prime mixed-use asset on one of Hoboken's most desirable commercial corridors, offering exceptional long-term investment value and strong rental potential.

Highlights

Listed by DAVID DOMANICH , 201-420-7393 CORCORAN SAWYER SMITH , 201-420-7393. Hudson County Multiple Listing Service

Property Type

Commercial Sale

County

Hudson

Listing ID

260013709

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Payment Breakdown

Principal Interest

$25,446

Taxes

$2,139

Home Price

$4,999,999

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$1,000,000

Down Payment

Down Payment %

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Monthly Price:

$25,446.03

Principal

Taxes

	Principal	Taxes	HOA	Total
Monthly	$25,446.03	$2,138.58	$0.00	$27,584.62
Yearly	$305,352.40	$25,663.00	$0.00	$331,015.40
Total	$9,160,571.96	$769,890.00	$0.00	$9,930,461.96