Hoboken, NJ 07030,610 WASHINGTON ST

$1,060,000

Est. payment /mo

$1,100,000

3.6%
Est.Price: ?

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610 WASHINGTON ST Hoboken, NJ 07030

SOLD DATE : 12/14/2018

Key Details

Sold Price $1,060,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 180014712

Sold Date 12/14/18

Annual Tax Amount $10,500

Lot Dimensions 1108 SF

Property Sub-Type Investment

Property Description

Prime storefront on Hoboken's famous Washington Street. This large 1108 SF barbershop is a great income producing asset with lots of upside potential. Heavy foot traffic and desirable location. Hoboken Barbershop is currently in the 1st year of a 10 year lease term with 2% annual increases after year 4. Solid 6% cap rate investment. Priced to move!

Location

State NJ

County Hudson

Area Hoboken

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Listed by LIBERTY REALTY LLC
Bought with EXP REALTY LLC
Michelle Burroughs
Michelle Burroughs

+1(908) 224-0499 | michellesellshomes@mbarealtor.com

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