![\"226](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/03\/226-228-washington-street-hoboken.jpg\")
226-228 Washington Street, Hoboken. Photo by Bill Hartnett\/Jersey Digs.<\/p>\n 226-228 Washington Street, Hoboken. Photo by Bill Hartnett\/Jersey Digs.<\/p>\n
A two-story retail property located on Hoboken\u2019s primary commercial artery sold for $8.24 million. CBRE oversaw the sale of 226-228 Washington Street. The building, most recently occupied by a grocery store, is ideal for redevelopment.<\/p>\n
The CBRE<\/a> team of Charles Berger and Sam Bernhault led the marketing campaign for the Hoboken<\/a> property and represented the seller in the negotiations. CBRE<\/a> was also responsible for procuring the buyer.<\/p>\n \u201cWe leveraged the full strength of our integrated platform, drawing expertise from both Capital Markets and Retail Services, to secure a buyer with a reliable plan for the asset and validating the potential value add for the property,\u201d noted CBRE\u2019s Berger. \u201cWe were able to achieve a purchase price that translates to over $1,000 per sq. ft. in an all-cash transaction. The new ownership now plans to secure entitlements to develop a mixed-use property.\u201d<\/p>\n The property was most recently leased by high-end grocery store Aspen Marketplace, which closed in summer 2025. First opened as Garden of Eden Marketplace, the market had occupied the site since 2006.<\/p>\n 226-228 Washington sits in the heart of Hoboken\u2019s thriving retail district. The property is a quick walk to both the Hudson River waterfront and the Hoboken PATH Station. Several national retailers and restaurants, including Starbucks, Chipotle, Sephora, Nike, Dunkin\u2019, and Abercrombie & Fitch.<\/p>\n This transaction is one of several new deals on Hoboken\u2019s highly coveted Washington Street. Marcus & Millichap<\/a> recently completed sales at 312 Washington<\/a>, as well as 420 and 1004 Washington<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"226-228 Washington Street, Hoboken. Photo by Bill Hartnett\/Jersey Digs. A two-story retail property located on Hoboken\u2019s primary commercial…\n","protected":false},"author":2,"featured_media":161059,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[66450,1503,9,11,10],"class_list":["post-161058","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-226-228-washington-street","tag-cbre","tag-new-york","tag-new-york-headlines","tag-new-york-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/161058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=161058"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/161058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/161059"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=161058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=161058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=161058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}