List Search

532 Monroe St
Hoboken, NJ 07030 Downtown Hoboken

$749,000 USD

Storefront Retail Office Condo For Sale  •  1,351 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 8,882 SF
  • Lot Size 0.03 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 5.34 %
  • Tenancy Single
  • Zoning R-3
80 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C Office/Retail 1,351 SF $749,000 USD
  • Unit Size: 1,351 SF
  • Condo Use: Office/Retail
  • Price: $749,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $554.40 USD
Description
Please don't miss this well established 13 years old retail property which is for Sale with Drop shop business. The buyer can use all equipment in store as is condition. Also there are many possibilities to convert to other business. Now there are a lot of new construction for Residential and commercial use near this store and light rail is located only 3 block away(Jackson & 9th Street) If use back yard, The buyer pay extra $30,000.

Sale Notes
Please don't miss this well established 13 years old retail property which is for Sale with Drop shop business. The buyer can use all equipment in store as is condition. Also there are many possibilities to convert to other business. Now there are a lot of new construction for Residential and commercial use near this store and light rail is located only 3 block away(Jackson & 9th Street) If use back yard, The buyer pay extra $30,000.

Description

Please don't miss this well established 13 years old retail property which is for Sale with Drop shop business. The buyer can use all equipment in store as is condition. Also there are many possibilities to convert to other business. Now there are a lot of new construction for Residential and commercial use near this store and light rail is located only 3 block away(Jackson & 9th Street) If use back yard, The buyer pay extra $30,000.

Highlights

Very good location in Hoboken

Financial Summary

Cap Rate: 5.34 %
Total Expenses: $10 USD

Major Tenants

Tenant SF Occupied Lease End Date
New West Dry Cleaners 1,295 SF

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Courtyard
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Hoboken (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH)) 6 min - 1.4 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) 7 min - 2.1 mi
Transit/SubwayDriveWalkDistance
9th Street - Congress Center (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 1 min 6 min 0.3 mi
2nd Street (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 4 min 8 min 0.4 mi
AirportDriveWalkDistance
Newark Liberty International 16 min - 10.8 mi
LaGuardia 31 min - 13.1 mi
John F Kennedy International 39 min - 21.1 mi
Derek Park 201-362-6003 C Land Realty
Derek Park 201-362-6003 C Land Realty