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532 Monroe St
Hoboken, NJ 07030

$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
74 Transit Score
97 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 (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Hoboken-33rd Street - NJ Transit Commuter Rail (NJ Transit), Hoboken-World Trade Center - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 4 min - 1.4 mi
Pavonia/Newport (Hoboken-World Trade Center - Port Authority Trans-Hudson (PATH), Journal Square-33rd Street - Port Authority Trans-Hudson (PATH)) 6 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)) 3 min 8 min 0.4 mi
AirportDriveWalkDistance
Newark Liberty International 15 min - 10.8 mi
Laguardia 30 min - 13.1 mi
John F Kennedy International 38 min - 21.1 mi
Derek Park 201-362-6003 C Land Realty
Derek Park 201-362-6003 C Land Realty