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92 Madison St
Hoboken, NJ 07030 Downtown Hoboken

$699,000 USD

Storefront Retail Residential Condo For Sale • 825 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 5,800 SF
Lot Size 0.7 AC
Building Class C
Year Built 1948
Tenancy Multiple
Zoning R-3

90 Transit Score

100 Walk Score

1 Unit Available

Name

Condo Use

Size

Price

Details

1st Floor - Unit C000C

Retail

825 SF

$699,000 USD

Unit Size: 825 SF
Condo Use: Retail
Price: $699,000 USD
Sale Type: Investment
Price/SF: $847.27 USD

Description

A unique opportunity to acquire a Hoboken commercial condo in a highly visible corner location with expansive windows and strong street presence. Currently rented and occupied by a well-established tenant with approximately four years remaining on the lease, providing immediate income and near-term stability.

Lease Highlights
Term: 5-year lease in place
Remaining Term: ~4 years
Annual Escalations: 3% rent increases
Renewal Outlook: Strong potential for renewal based on tenant investment and location fit

Tenant Improvements
Modernizing the space, including:Updated fixtures,  Renovated bathroom and overall  Clean, contemporary interior finishes.

Description

825 sqf commercial condo.  Taxes annually $9200 and HOA $750.  Large Windows.  Corner Lot.

Amenities

Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hoboken (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH))	3 min	13 min	0.7 mi
Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH))	5 min	-	1.6 mi
Transit/Subway	Drive	Walk	Distance
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))	2 min	7 min	0.4 mi
Hoboken (Hoboken-33rd Street - Port Authority Trans-Hudson (PATH), Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH))	2 min	13 min	0.7 mi
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))	3 min	16 min	0.8 mi
Hoboken Terminal (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	4 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Newark Liberty International	14 min	-	10.3 mi
LaGuardia	30 min	-	13.0 mi
John F Kennedy International	39 min	-	21.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Janine Berger 646-318-0935 Corcoran Sawyer Smith

92 Madison St Hoboken, NJ 07030 Downtown Hoboken

$699,000 USD

Property Details

1 Unit Available

Description

Description

Amenities

Public Transportation

Parking Details

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92 Madison St
Hoboken, NJ 07030 Downtown Hoboken