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Nassau Holdings 10-Year Sale/Leaseback 704 Howe St 100% Leased Office Building Online Auction Sale Point Pleasant, NJ 08742
Investment Highlights
- Nassau Holdings is a Privately held Real Estate Investment Firm
- Nassau Holdings Owns Approximately 20 Commercial Properties Along with Several Operating Businesses
- Nassau Holdings has been in Business for over 40 Years
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,400 SF
Lot Size
0.24 AC
Parcel Number
25-00275-01-00017
Zoning
R-3
Parking
12 Spaces (4.29 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
10,879
49,199
115,418
2020 Population
8,851
44,607
106,888
2030 Population
11,542
51,089
119,160
2025-2030 Projected Population Growth
6.1%
3.8%
3.2%
Daytime Employees
3,650
14,074
43,167
Total Businesses
603
2,229
6,526
Average Household Income
$149,233
$145,060
$140,969
Median Household Income
$118,111
$116,339
$112,460
Total Consumer Spending
$178.7M
$785M
$1.8B
Median Age
46.7
45.2
45.7
2025 Households
4,518
19,719
46,486
Percent College Degree or Above
31%
30%
27%
Average Home Value
$718,765
$659,687
$630,669
Sale Advisors
Sale Advisors
Alan Cafiero, Senior Managing Director Investments
Alan Cafiero leads the largest team of investment sales agents in the New Jersey Marcus & Millichap office who focus on representing owners and developers in the disposition of commercial real estate assets. Alan specializes in selling net lease properties, retail shopping centers, office and industrial properties in New Jersey and the Northeast. After 14+ years in the business, Alan has closed over 450 transactions totaling over $1.6 Billion of real estate.
Alan graduated from Seton Hall University in 2004 with a B.S. in Business Administration, with a concentration in Finance and Sports Management.
Alan and Ben are the top performing team for Marcus & Millichap in New Jersey. Alan has received Sales Recognition Awards each year from 2011 – 2021, the National Achievement Award each year from 2015 – 2021, and received the Chairman's Club Award in 2021. Alan has twice been named to Mid-Atlantic Real Estate Journal’s Top 40 under 40. Alan is a member of the International Council of Shopping Centers and NAIOP.
Alan graduated from Seton Hall University in 2004 with a B.S. in Business Administration, with a concentration in Finance and Sports Management.
Alan and Ben are the top performing team for Marcus & Millichap in New Jersey. Alan has received Sales Recognition Awards each year from 2011 – 2021, the National Achievement Award each year from 2015 – 2021, and received the Chairman's Club Award in 2021. Alan has twice been named to Mid-Atlantic Real Estate Journal’s Top 40 under 40. Alan is a member of the International Council of Shopping Centers and NAIOP.
Brent Hyldahl, Managing Director Investments
Brent Hyldahl is a retail, medical/office, mixed-use, industrial and net-lease specialist with Marcus & Millichap. Brent exclusively represents buyers and sellers of investment properties throughout the region, and acts in accord with the company-wide mission to help clients create and preserve wealth by providing the best real estate investment sales, financing, research and advisory services available. He works with both sell-side and buy-side clients, representing 1031 exchange buyers, private investors, and private owners.
Seth Goldberg, Associate Director Investments
Seth Goldberg is a member of the Cafiero Team at Marcus and Millichap, in the New Jersey office. Seth is a specialist in exclusively representing both sellers and buyers of retail shopping centers, and single tenant-net leased retail properties in Monmouth and Ocean Counties New Jersey. Using his expertise of the market, paired with a client forward advisory approach, Seth seamlessly guides his clients through the sale or purchase of their investment properties, consistent with their financial goals. Seth is extremely focused on providing his clients with the greatest level of service, while sticking to the firms’ mission of creating and preserving wealth for his clients.
Seth graduated from Rutgers University with a Bachelor of Arts degree in Economics and a Minor in Entrepreneurship. He is a member of Marcus and Millichap’s National Retail Group (NRG) and the International Council of Shopping Centers (ICSC).
Seth graduated from Rutgers University with a Bachelor of Arts degree in Economics and a Minor in Entrepreneurship. He is a member of Marcus and Millichap’s National Retail Group (NRG) and the International Council of Shopping Centers (ICSC).
About the Auction Technology
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Auctioneer License: Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
Auction FAQ's
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POWER BROKER Alan Cafiero -
Brent Hyldahl -
Seth Goldberg -
Marcus & Millichap
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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