nyinvestmentsales.com911Boulevard East

WEEHAWKEN, NJ

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911 Boulevard East Weehawken, NJ

This Offering was prepared by Cushman & Wakefield and has been reviewed by the Owner. It contains select information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire. Financial projections shall not be relied upon, are provided for general reference purposes only, and are based on assumptions relating to the general economy, competition, and other factors beyond control and, therefore, are subject to material change or variation. Actual results will differ from those projected. An opportunity to inspect the Property will be made available to qualified prospective purchasers.

In this Offering, certain documents, including the leases and other materials, are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents.

This Offering is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Cushman & Wakefield or Owner. Each prospective purchaser is to rely solely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein.

Owner and Cushman & Wakefield expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or to terminate discussions with any party at any time with or without notice. Owner shall have no legal commitment or obligation to any purchaser reviewing this Offering or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by Owner and any conditions to Owner’s obligations thereunder have been satisfied or waived. Cushman & Wakefield is

not authorized to make any representations or agreements on behalf of Owner.

This Offering is the property of Cushman & Wakefield and may be used only by parties approved by Cushman & Wakefield. The Property is privately offered and, by accepting this Offering, the party in possession hereof agrees (i) to return it to Cushman & Wakefield immediately upon request of Cushman & Wakefield or Owner and (ii) that this Offering and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Cushman & Wakefield and Owner.

Your obligations to keep the Evaluation Material confidential shall not include information that: (i) is or becomes publicly available other than as a result of acts by you or your Representatives in breach of this agreement; or (ii) on your counsel’s advice must be disclosed pursuant to law or a subpoena or other court order, but only to the extent specified in such subpoena or court order; provided prior to complying with any such order you shall give written notice to us that such demand has been made upon you and to the extent not legally prohibited you shall provide us with an opportunity to contest any such direction or order.

The terms and conditions set forth above apply to this Offering in its entirety.

©2015 Cushman & Wakefield.

The material in this presentation has been prepared solely for information purposes, and is strictly confidential.

Any disclosure, use, copying or circulation of this presentation (or the information contained within it) is strictly

prohibited, unless you have obtained Cushman & Wakefield’s prior written consent. The views expressed in this

presentation are the views of the author and do not necessarily reflect the views of Cushman & Wakefield.

Neither this presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer,

or act as an inducement to enter into any contract or commitment whatsoever. NO REPRESENTATION OR

WARRANTY IS GIVEN, EXPRESS OR IMPLIED, AS TO THE ACCURACY OF THE INFORMATION

CONTAINED WITHIN THIS PRESENTATION, AND CUSHMAN & WAKEFIELD IS UNDER NO OBLIGATION

TO SUBSEQUENTLY CORRECT IT IN THE EVENT OF ERRORS.

Confidentiality & Conditions

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Table of ContentsProperty Information ………. 4

Property Photos ………. 5Transportation ………. 7

Weehawken Overview ………. 9Tax Map & Survey ………. 10

Comparable Sales & Rental Comps ………. 11Contact Information ………. 13

911 Boulevard East Weehawken, NJ

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PROPERTY DESCRIPTIONCushman & Wakefield has been hired, on anexclusive basis, to arrange the sale of 911 BoulevardEast, Weehawken, New Jersey 07086. This uniqueproperty is a 4,000 square foot residential buildingsitting atop the Palisade Cliffs with forever protectedviews of the New York City skyline.

The property rests on two combined lots totaling4,558 square feet. The building is allocated as threelegal apartments averaging an approximate 1,250square feet each. The property also has a largedrive-way which can accommodate approximatelysix cars as well as a two-car garage. 911 BoulevardEast will be delivered vacant could potentially beappreciated for many different uses including singlefamily- tenancy, an as-is rental, or a value-addrenovation opportunity. This one-of-a-kind offeringpresents a rare opportunity to purchase a uniqueasset along a premier corridor.

Weehawken continues to grow as a residentialenclave within Hudson County as continued Class-Adevelopment flourishes along the Gold Coast. Thetown also has an established and attractivecommercial retail district along Park Avenue. Withdirect access to the Light Rail and NJ Transit Buses,911 Boulevard East has convenient access tosurrounding cities including Manhattan.

911 Boulevard East Weehawken, NJASKING PRICE: $1,695,000

911 Boulevard East, Weehawken

Block & Lot 59 / 10 Building Size 4,000 Square Feet

Zoning R-4: Multifamily Apartments Three (3)

Lot Size 4,558 Square Feet Avg. Apartment 1,250 square Feet

Delivery Vacant Driveway 6 Tandem Spaces

Assess. / Taxes $327,500 / $17,008 Garage Two Car Garage

PROPERTY INFO BUILDING DESCRIPTION

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911 Boulevard East Weehawken, NJProperty Photos

Views of NYC from the property

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911 Boulevard East Weehawken, NJProperty Photos

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911 Boulevard East Weehawken, NJTransportation Map

911 Boulevard East

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NJ BUS TRANSIT

NEW YORK WATERWAY FERRYNew York Waterway is the largest privately-owned commuterferry service carrying 30,000 passenger trips per day, and 8million trips per year. The company operates 34 ferry boatsbetween 21 routes servicing between New Jersey andManhattan. There are terminals in Weehawken, Hoboken, andJersey City which provide access to the west side of Manhattanincluding Midtown/West 39th Street, the World Financial Centerin Downtown and Pier11/Wall Street.

TRANSPORTATION OVERVIEW

911 Boulevard East Weehawken, NJTransportation Overview

Transportation Network Distance Minutes

NJ Transit Bus Stop 0.1 miles 1 minute walk

Hudson Bergen Light Rail 0.3 miles 5 minute walk

NY Waterway Ferry Terminal 0.5 miles 10 minute walk

Lincoln Tunnel 1.7 miles 5 minute drive

Holland Tunnel 4.5 miles 15 minute drive

George Washington Bridge 7.5 miles 20 minute drive

911 Boulevard East is well connected due to its location nearvarious mass transportation options. The immediate areaprovides convenient access to Manhattan and other neighboringcities through the Light Rail, New York Waterway, NJ Transit bus,and hassle free entry to major roadways and bridges.

HUDSON-BERGEN LIGHT RAILThe Hudson-Bergen Light Rail is a 21-mile system that operates24/7 along the Hudson River from Weehawken to Bayonne. Thesystem has 24 stations in total spread throughout HudsonCounty. The light rail system transports people from the denselypopulated residential communities to economic, retail, andtransportation hubs. The train has connectivity to the PATH(Port Authority Trans-Hudson) train which provides immediateaccess to both Midtown and Downtown Manhattan.

New Jersey Transit is a stated-owned public transportationsystem that provides convenient and affordable masstransportation to all of New Jersey. Bus stops reside directly infront of the subject property along Boulevard East.

MAJOR ROADWAYSWeehawken has great connectivity to the New York Metro Areavia convenient entry to major roadways, bridges, and tunnels.The subject location has direct access to I-95, Route 1/9, Route495, Route 3, The Lincoln Tunnel, The Holland Tunnel, and TheGeorge Washington Bridge. These significant points androadways link Weehawken to surrounding cities providingresidents with short commutes and easy travel.

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WEEHAWKENWeehawken has become a premier residentialenclaves in Northern New Jersey. With breathtakingviews of the Manhattan Skyline, a safe community, anddesirable waterfront properties, the town continues toappreciate. The city has a beautiful blend of newdevelopment, historic single-family homes, and asought after commercial retail district.

Residents of Weehawken can be described as affluent,educated, and diverse. The majority of the populace isemployed in white collar occupations within thenearby employment hubs. With continued Class-Aresidential development along the waterfront, thecomposition of Weehawken is supportive of luxuryhousing.

Recently, Weehawken has expanded its businessdistrict which includes corporations such as UBS,Swatch Group USA, Hartz Mountain, and Telx.

911 Boulevard East Weehawken, NJWeehawken Information

POINTS OF INTEREST• The city’s main commercial thoroughfare is Park Avenue, which is

populated mostly by locally-owned stories, eateries, and bars.• Hamilton Park, on Boulevard East, is located at the site of the former

Eldorado Amusement Resort.• The Atrium, or the River Performing Arts Center, hosts sponsored

events for the community.• The 9/11 Memorial on the Hudson River Walk at Ferry Boulevard• The “Horseshoe” on Shippen Street is a cobbled street including

Weehawken’s original town hall.

PORT IMPERIALLocated within New Jersey’s Gold Coast, Port Imperial is parallel toManhattan’s 33rd to 85th Streets. The two mile stretch along the HudsonRiver has adopted a $2 billion master-plan which consists of 6,000 newhousing units, a 300-room hotel, and over 110,000 square feet of retailstores, restaurants, more.

The property rests elevated on the Palisade cliffs behind Port Imperial.

Views of NYC from the property

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911 Boulevard East Weehawken, NJTax Map & Survey

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769 Blvd EastSold 5/8/2016$1,725,000

911 Boulevard East Weehawken, NJRecent Property Sales

911 Boulevard East, Weehawken

791 Blvd EastSold 4/4/2016$1,525,000

911 Blvd EastSubject Property$1,695,000

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Residential Rental Comps within the Immediate Area

911 Boulevard East Weehawken, NJResidential Rental Comps

911 Boulevard East, Weehawken

899 Boulevard East Fulton House B Studio 700 $1,650 $2.36 $28.29

1 Bedroom 800 $2,100 $2.63 $31.50

750 $1,875 $2.49 $29.89

1055 Boulevard East B 1 Bedroom 1000 $2,400 $2.40 $28.80

2 Bedroom 1100 $2,600 $2.36 $28.36

1050 $2,500 $2.38 $28.58

1300 Ave at Port Imperial Rivers Edge A Studio 560 $2,150 $3.84 $46.07

1 Bedroom 900 $3,000 $3.33 $40.00

2 Bedroom 1150 $3,850 $3.35 $40.17

870 $3,000 $3.51 $42.08

1300 Ave at Port Imperial RiverParc A Studio 590 $2,175 $3.69 $46.07

1 Bedroom 890 $2,850 $3.20 $40.00

2 Bedroom 1200 $4,100 $3.42 $40.17

870 $3,042 $3.44 $41.22

Property Address Name Class Type SFAsking Rent

Monthly P.S.F

Annual P.S.F

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nyinvestmentsales.com

Nyinvestmentsales.com

Retail Reposition orDevelopment Opportunity

9,550 Square Foot Premier Corner Lot

Fahri OzturkDirector, Capital Markets

201 508 5320fahri.ozturk@cushwake.com

Tyler Van WagonerAssociate, Capital Markets

201 508 5325tyler.vanwagoner@cushwake.com

911Boulevard East

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

ASKING PRICE

$1,695,000

WEEHAWKEN, NJ