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    129 WASHINGTON ST Hoboken, NJ 07030

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    Claim this Listing
    For Sale
    $250,000

    Wellness - Hoboken, NJ

    Property size:
    2,250 SF
    Added:
    Feb 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 17 at 3:06 pm

    Property Features for 129 WASHINGTON ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,250 SF

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    LANA FALCICCHIO
    LANA FALCICCHIO

    Listing agent LANA FALCICCHIO License #0446907

    Listing office BOUTIQUE REALTY LLC 215 NEWARK AVE, JERSEY CITY, NJ

    Listing date Feb 24, 2026

    MLS# 260003153 Listing URL

    Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Wellness Studio in Hoboken

    This turnkey wellness and recovery studio is available for acquisition in a prime Hoboken location, situated steps from PATH access to New York City. The fully built-out 2,250 square foot studio features a modern, high-end recovery concept with multiple revenue streams, including single sessions, packages, and memberships. The thoughtfully designed space includes whole-body cryotherapy, local cryotherapy, infrared sauna, halotherapy, red light therapy, compression therapy systems, and additional recovery amenities. An established brand presence with a strong local following demonstrates proven demand among athletes, busy professionals, and wellness-focused clients. The sale includes equipment and furnishings. Upon agreement, branding assets, website, digital presence, standard operating procedures, and operational systems are transferable. This opportunity allows skipping buildout timelines and equipment lead times to step directly into an operational, revenue-generating concept. The current lease runs through July 2026, with an opportunity for earlier transition and seller support for a smooth ownership transfer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spa & wellness properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Ivy Rehab Physical Therapy — 79 Hudson St Suite 402, Hoboken, NJ 07030
    • Sith Sauna & Red Light Therapy — 36 Newark St. Suite 402, Hoboken, NJ 07030
    • Riverpoint Wellness Group — 42 Newark St. # 203, Hoboken, NJ 07030
    • MILEE PARK-COLEMAN — 51 Newark St. #403, Hoboken, NJ 07030
    • Carla Sandiego — 51 Newark St. #403, Hoboken, NJ 070304543

    Location Insight

    • Map
    • Local Demand
    City
    Hoboken
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0304035
    Latitude
    40.7383754

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    FAQs

    What type of property is this?
    Spa & wellness property - Fully built-out wellness studio in prime Hoboken location.
    Where is this spa & wellness property located?
    The property is located at 129 WASHINGTON ST Hoboken, NJ.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Turnkey, fully built‑out 2,250 SF wellness and recovery studio, ready for immediate operation and revenue generation.; Prime Hoboken location with convenient PATH access to NYC.; Diverse revenue streams from single sessions, packages, and memberships.
    (201) 433-5500
    We can help!
    Listing Contact
    LANA FALCICCHIO
    LANA FALCICCHIO
    Real Estate License ID: 0446907
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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