120 Jefferson St - Apartments FOR SALE


Hoboken, NJ 07030
$2,800,000 USD
917-526-2982
120 Jefferson St, Hoboken, NJ for Sale
$2,800,000 USD
Apartments - FOR SALE
1/45
null | 5.67% Cap Rate

120 Jefferson St
Hoboken, NJ 07030


HIGHLIGHTS

  • (8) One Bedroom Apartments
  • Value Add Property
  • Under Market Rents (75% of Building)
  • New Roof
  • Butterfly Security Access System
  • New Cast Iron Entry Staircase

OVERVIEW

KW Commercial is pleased to offer 120 Jefferson St for sale in this convenient section of Downtown Hoboken. This is an 8 unit residential building with value-add potential above many existing improvements. Enter ownership with recent improvements including a new rubber roof, "Butterfly" intercom system, and a new cast iron entry staircase. Landlord expenses are streamlined by separated hot water, gas, and electric utilities for each unit. Great opportunity to own an income generating property in a vibrant upscale community. Inquire for additional details

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

8

PRICE/UNIT

$350,000

CAP RATE

5.67%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,505 SF

ZONING

R-3

APN/PARCEL ID

05-00029-0000-00024

ASK ABOUT THIS PROPERTY

Jason TrembickiKW CommercialMore Info
917-526-2982

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

Jason TrembickiKW CommercialMore Info
917-526-2982

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