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1118 Adams St
Hoboken, NJ 07030
COMMERCIAL CONDO FOR SALE · Multifamily Property For Sale · 60 Units

EXECUTIVE SUMMARY

RETAIL REAL ESTATE WITH TENANT IN PLACE. TENANT HAS 9 YEARS REMAINING ON LEASE. 3% INCREASES ANNUALLY. CURRENT RENT S $49,824. BUSINESS IS NOT FOR SALE. NEW ROOF INSTALLED ON BUILDING. PART OF UPPER GRAND BUILDING. EXCELLENT LOCATION. NEAR COLUMBUS PARK, HIGH SCHOOL AND ATHLETIC FIELD AND TENNIS COURTS, AND IN CONTINUALLY DEVELOPING AREA OF CONDOS AND RENTALS. CURRENT TENANT IS GROCERY/DELI. NO COOKING. FOOD PERMITTED.

PROPERTY FACTS

No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.76 AC
Building Size 117,201 SF
No. Stories 6
Year Built/Renovated 2008/2015
APN / Parcel ID
0500104000000001 02 LOT
  • 0500104000000001 02 BLDG
Zoning RPA

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Playground
  • Elevator
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 60 $49,824 972
  • Listing ID: 14792272

  • Date on Market: 1/7/2019

  • Last Updated:

  • Address: 1118 Adams St, Hoboken, NJ 07030

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