108 Adams St, Hoboken, NJ 07030
9 Unit Apartment Building | $4,500,000 ($500,000/Unit) | 5.12% Cap Rate | Hoboken, NJ 07030
For Sale
Active
Asking Price $4,500,000
- Property Type
-
Multifamily
- Square Feet
- 4,600 SF
Listing Contacts
Adam Bickoff
Property Overview
Introducing a rare opportunity to acquire fully occupied 8 modern residential units, all registered and legal rents, plus renovated retail spa, brick building, landscaped yard, separately metered utilities, and laundry room. Cap Rate 5.12%.
Building is located in a prominent location .6 mile to Hoboken PATH Train, Ferry, and Bus depot; 2 blocks to Midtown NYC bus stop; easy access to Holland Tunnel, NY Turnpike, and Route 1&9; surrounded by local restaurants, coffee shops, boutiques, parks, and night life.
Units 1 & 2 Two bedrooms at opposite sides with kitchen, living room, and bathroom in the center. Recently updated with new appliances, light fixtures, bathroom fixtures, and hardwood floors.
Units 4 & 6 & 8 Three bedroom apartments. Recently renovated kitchens with new appliances including dishwasher, gas stove, and hardwood floors.
Units 3 & 5 & 7 Studio apartments. Newer kitchen appliances, bathroom fixtures and hardwood floors.
Building is located in a prominent location .6 mile to Hoboken PATH Train, Ferry, and Bus depot; 2 blocks to Midtown NYC bus stop; easy access to Holland Tunnel, NY Turnpike, and Route 1&9; surrounded by local restaurants, coffee shops, boutiques, parks, and night life.
Units 1 & 2 Two bedrooms at opposite sides with kitchen, living room, and bathroom in the center. Recently updated with new appliances, light fixtures, bathroom fixtures, and hardwood floors.
Units 4 & 6 & 8 Three bedroom apartments. Recently renovated kitchens with new appliances including dishwasher, gas stove, and hardwood floors.
Units 3 & 5 & 7 Studio apartments. Newer kitchen appliances, bathroom fixtures and hardwood floors.
Property Details
- Class
- C
- Year Built
- 1950
- Stories
- 4
- Lot Size (sq. ft)
- 2,614 SF
- Units
- 9
Highlights
- Excellent location.
- Fully occupied mixed use building.
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