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1200 Grand St - 1200 Grand Condo 418 SF Retail Condo Unit Offered at $480,000 in Hoboken, NJ 07030
Investment Highlights
- Long-Term Lease: Tenant occupied with 7 years remaining
- High-demand location
- Low Taxes & Expenses
Executive Summary
Rare Commercial Opportunity in Hoboken! This corner unit in the highly sought-after Upper Grand Residential Complex is currently operating as a nail salon and offers a fantastic investment opportunity. Featuring a long-term lease with 7 years remaining, this space provides stable rental income at $3,400/month. Perfect for investors looking to secure a commercial property in one of Hoboken’s most desirable neighborhoods. Don’t miss your chance to own in this beautiful complex! Call listing agent at 347-417-3059.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Tenant Occupied: Yes, with 7 years remaining on the lease
Current Rent: $3,400/month (tenant pays utilities)
HOA: $275/month
Taxes: $4007/year
Ceiling Height: 8’0”
Utilities: Separate meters
Current Rent: $3,400/month (tenant pays utilities)
HOA: $275/month
Taxes: $4007/year
Ceiling Height: 8’0”
Utilities: Separate meters
Sale Notes
Rare Commercial Opportunity in Hoboken! This corner unit in the highly sought-after Upper Grand Residential Complex is currently operating as a nail salon and offers a fantastic investment opportunity. Featuring a long-term lease with 7 years remaining, this space provides stable rental income at $3,400/month. Perfect for investors looking to secure a commercial property in one of Hoboken’s most desirable neighborhoods. Don’t miss your chance to own in this beautiful complex!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit C 1 | 418 SF | Retail | $480,000 ($1,148.33/SF) | - |
Unit C 1
| Unit Size |
| 418 SF |
| Condo Use |
| Retail |
| Price |
| $480,000 ($1,148.33/SF) |
| NOI |
| - |
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Unit C 1
| Unit Size | 418 SF |
| Condo Use | Retail |
| Price | $480,000 ($1,148.33/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Tenant Occupied: Yes, with 7 years remaining on the lease<br> <br> Current Rent: $3,400/month (tenant pays utilities)<br> <br> HOA: $275/month<br> <br> Taxes: $4007/year<br> <br> Ceiling Height: 8’0”<br> <br> Utilities: Separate meters</li></ul> | |
| Sale Notes | |
| Rare Commercial Opportunity in Hoboken! This corner unit in the highly sought-after Upper Grand Residential Complex is currently operating as a nail salon and offers a fantastic investment opportunity. Featuring a long-term lease with 7 years remaining, this space provides stable rental income at $3,400/month. Perfect for investors looking to secure a commercial property in one of Hoboken’s most desirable neighborhoods. Don’t miss your chance to own in this beautiful complex!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 253,818 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 37,227 SF |
| Property Subtype | Apartment | Year Built | 2005 |
| Building Class | B | Lot Size | 1.78 AC |
| Zoning | RPA | ||
| Total Building Size | 253,818 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 37,227 SF |
| Year Built | 2005 |
| Lot Size | 1.78 AC |
| Zoning | RPA |
Amenities
Site Amenities
- 24 Hour Access
- Courtyard
- Fitness Center
- Playground
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
70/100
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Matterport 3D Exterior
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Street View
Street
Map
Contact the Sale Advisor
1200 Grand St - 1200 Grand Condo