Hoboken, NJ 07030 · Investment · For Sale · MLS 260013709
128 Washington St
$4,999,999
Investment
Use
3
Units
none
Parking spaces
11
Days Listed
About this property
Rare Investment Opportunity on Hoboken's Premier Washington Street,,,,,,Exceptional investment opportunity in the heart of downtown Hoboken's highly sought-after Washington Street business district. This impressive mixed-use building offers outstanding income potential and features one commercial space, two beautifully gut-renovated full-floor residential apartments, and a full basement for commercial space. Situated on an 80' x 22' lot, the building measures approximately 69.6' x 22', offering over 4,500 square feet of interior space, plus a full basement.The ground-floor commercial space is currently occupied by a well-established restaurant, providing stable commercial tenancy. Above, you'll find two expansive full-floor apartments, each offering approximately 1,500 square feet with 3 bedrooms and 2 full bathrooms. Thoughtfully renovated from top to bottom, these spacious residences are ideal for owner-occupants or investors seeking premium rental income, including shared housing opportunities. Apartment features include:Modern kitchens with white cabinetry, Stainless steel appliances, including dishwasher and microwave, Spacious open living areas, Large bedrooms, High ceilings, Hardwood floors throughout, Beautifully tiled contemporary bathrooms, Generous closet space, Wall-mounted heating /air conditioning units, On-demand hot water and In-unit laundry. Additional highligh
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationHoboken, NJ 07030
MLS #260013709
Space
Units3
Stories3
ConstructionWood Frame
Building systems
SprinklersWet
Site & exposure
Parking spacesnone
Investment
Annual taxes$25,663
Est. gross income$271,200
Mixed useYes
Rent controlYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Hoboken zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 128 Washington St?
The asking price is $4,999,999.
What is 128 Washington St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Hoboken zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 128 Washington St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
