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Property profile

503 Madison St Hoboken, NJ 07030

OFF-MARKET
Retail properties & Spaces
Property ID
US59-2801085
15,000 SF Built 2023
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 1,853-square-foot retail space is located in a brand-new, five-story Class A mixed-use building at 503 Madison Street, Hoboken, NJ 07030, near 5th Street. Built in 2023, this single-tenant space offers a blank canvas ("vanilla box") ideal for various businesses. The first-floor location boasts abundant natural light from large windows, high ceilings, and a private restroom. Street parking is available, with public garages conveniently located within three blocks. The 15,000-square-foot building is situated in the heart of Hoboken, offering easy access to numerous residential buildings and a vibrant mix of restaurants, shops, and entertainment venues, ensuring high foot traffic and a strong customer base. This is a unique opportunity to establish a business in a thriving, sought-after Hoboken location within a modern, newly constructed building.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 15,000 SF
UPID US59-2801085

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

503 Madison St Hoboken, NJ 07030
Hoboken metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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