April 1, 2022 – David McLaughlin of Horvath & Tremblay has successfully completed the sale of 90-94 Broadway in Hillsdale, New Jersey. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,700,000.
90-94 Broadway is an in-line mixed-use property in Hillsdale, New Jersey. The mixed-use investment property is comprised of a two-story commercial building with six (6) total units including three (3) commercial units on the first floor and three (3) residential units on the second floor. The in-line building contains a total of 8,338 square feet and sits on a 0.14-acre parcel. The Property is 100% occupied, to a mix of local retail and service tenants. The Property is strategically located along Broadway, adjacent to the intersection of Broadway and Hillsdale Avenue. Nestled in the heart of Hillsdale, the Property is across the street from the Hillsdale Train Station and within walking distance of a number of national retailers including a Kings Food Markets grocery store, Walgreens and numerous national restaurants. The Property also benefits from its proximity to the Garden State Parkway, NJ Route 17, and US Route 9W. Hillsdale is a small bedroom suburb of New York City, located in Bergen County within the New York metropolitan area. The affluent and densely populated area is 19-miles northwest of New York City.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.