Private Investor Acquires Mixed-Use Building At 312 Washington St Hoboken For $3.47M

The property involved in the transaction is a mixed-use building located at 312 Washington Street, Hoboken, which sold for $3,470,000. The asset spans 3,550 square feet and the price per square foot was $977. The mixed-use property consists of one ground-floor retail space and two apartments, all of which were vacant at the time of closing and is situated along Hoboken’s main retail corridor near Hoboken Terminal.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,470,000
• Square Footage: 3,550
• Price Per Square Foot: $977
• Address: 312 Washington Street
• Market: Hoboken
• Seller's Representative: Devin Perez, Alan Cafiero & Brent Hyldahl - Marcus & Millichap
• Buyer's Representative: Angela Vartuli - Serhant

In this transaction, a private investor acquired the property and was represented by Angela Vartuli from Serhant. The seller was represented by Devin Perez, Alan Cafiero, and Brent Hyldahl from Marcus & Millichap, highlighting the brokerage firms involved in this deal.