Value-Add Opportunity

• 16 Units
• 100% Free Market Units
• 23% Upside
• 6.50% Cap Rate

Building Highlights

• 100% Free Market Units
• Renovated Units
• All Separately Metered
• Boilers and hot water heaters replaced 2 years ago
• Tenant pays for cooking gas, heat, hot water & common area electric
• Landlord pays for water/sewer & common area electric
• Prime Location in Bayonne, NJ

Convenient Transportation

• The building is approximately a 1-minute walk to Ave C at 24th St bus stop which provides a total 40 minute trip to Manhattan via the PATH Train.