approximate size

Ground Floor - 9,108 sf

sale price

$4,500,000

projected net income

$365,115
(Leases signed for 5,674 sf, vacant space of 3,434 sf projected at $40 psf)

taxes

$7.78 psf

frontage

146 feet on Washington Boulevard
36 feet on First Street

neighboring tenants

Bank of America, Chilli's, CVS, New York Sports Clubs, ShopRite, Bed Bath & Beyond, and BJ's Wholesale Club

comments

- New 33-story residential building with 250 condominium units
- A 460-unit luxury rental building and the 1.2-million-sf luxury mixed-use Rem Koolhaas project are currently under construction adjacent to the site
- 4,600 condominium units are under development in Jersey City
- An additional 4,800 condominium units are proposed in Jersey City
- Two blocks from the 1.2 million-sf Newport Center Mall