259 3rd St - Apartments FOR SALE


Hoboken, NJ 07030
$2,400,000 USD
201-222-2900
259 3rd St, Hoboken, NJ for Sale
$2,400,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

259 3rd St
Hoboken, NJ 07030


HIGHLIGHTS

  • In close proximity to local transit.

OVERVIEW

t is not everyday that a six family building like 259 3rd st in Hoboken comes to market. This income producing asset has been family owned for decades and kept in remarkable condition. Located on 3rd street between Park and Willow, you could not ask for a better ideal neighborhood location. The building is fully rented at the moment with the current owners vacating their unit once the property is sold. Take this opportunity to be an owner/occupant and move in or rent it out at market rent, which would yield a potential 5.3% cap rate. This property features (4)one bedroom units and (2) three bedroom units, one of which is the owners suite. Newer furnace and water heaters operating in excellent order. All rents are registered and properly recorded with the city of Hoboken. Tenants pay electric, cooking gas and hot water. Immediately near Church Square Park, the hospital, houses of worship, shopping, the PATH and bus lines, restaurants, nightlife and so much more. This is a classic Hoboken offering that’s worth the long term hold. Inquire within.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$449 USD /SF

# OF UNITS

6

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R-1

APN/PARCEL ID

05-00165-0000-00018

ASK ABOUT THIS PROPERTY

Tarek HassiebLiberty Realty, LLCMore Info
201-222-2900

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Tarek HassiebLiberty Realty, LLCMore Info
201-222-2900

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