Listed by KW Commercial
$2,500,000
500 BLOOMFIELD ST HOBOKEN NJ 07030-5171
Details
APN 0905_192_42
Property Type Special Purpose, Office
Square Footage 2,580
NOI $62,239
Occupancy 100%
Year Built 1961
Buildings 1
Stories 2
Lot Size (SqFt) 1,149
Zoning R-1
Ground Lease No
Corner Mixed Use Opportunity One Block from Washington Street, Hoboken NJ
Marketing description
500 Bloomfield Street presents a rare opportunity to acquire a corner mixed-use asset in one of the most supply-constrained submarkets in the Hoboken.
Positioned just one block off Washington Street, the property benefits from immediate access to Hoboken’s primary retail, dining, and pedestrian corridor while maintaining a quieter neighborhood setting.
This ±2,580 SF building consists of:
- Ground Floor: Fully built-out doctor’s office (ideal for continued medical/professional use) with reception area and waiting room, 3 exam rooms, one office, one lab and one employee break room.
- Second Floor: Residential apartment contains 2 bedrooms and 1 bathroom.
- Corner Lot Exposure: Excellent natural light and visibility
Located within the R-1 zoning district, the asset offers a compelling blend of in-place utility + long-term repositioning optionality, subject to approvals.
Investment highlights
Investment Highlights
- Corner positioning - Enhanced light, air, and visibility (premium in Hoboken)
- Functional mixed-use layout - Live/work or income-producing configuration
- Proximity to Washington Street - Retail adjacency without direct congestion
- Barrier-to-entry market - Limited new supply in low-density zones
- Zoning flexibility (conditional uses) - Medical, office, or community-based uses possible
- Strong residential demand - Consistent rental upside for second-floor unit
Listing Contacts
Listed by KW Commercial
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$62,239.00
$5,186.58/mo
Valuation Metrics
0
DSCR
2.49%
Cap Rate
2.49%
ROI
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