Cap Rate
6.33%
Tot. SF
4,100
Bayonne, NJ, 07002
301 Broadway$1,200,000
Key Information
Units
6
Type
Apartments
NOI
$76,000
Highlights
- Value-Add Opportunity
- 6 Units
- 100% Free Market
- 6.33% Cap Rate
- 21% Upside
- Building Highlights
- Renovated Units
- Roof Recently Replaced
- Laundry in Unit
- Boilers Recently Replaced
- Separately Metered Units
- Tenant pays for cooking gas, heat, hot water, & electric
- Landlord pays for water/sewer and common area electric
- Convenient Transportation
- The building is approximately an 8-minute walk to the 8th Street light rail stop which provides a 25-minute light rail ride to Manhattan via the PATH train.
Photos
Location
Agents
D
David Ferber, CPALicense # 01469842 (NJ)
K
Kendra AntoineLicense # 2440903 (NJ)
Broker of Record
Patrick Forde
License # 2330333, 122887 (NJ)Matthews Real Estate Investment Services, Inc300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666