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660 Grand Street, Jersey City, NJ, 07304

660 Grand Street

$14,221,000

Key Information

Cap Rate
6.17%
$ per SF
$429
Tot. SF
33,135
Units
44
Year Built
2021
Type
Apartments
NOI
$877,738

Highlights

Link to Property Analysis
Link to Property Photos

New Construction Opportunity

  • 44 Units
  • $323,205 Price Per Unit
  • Concrete Building
  • 100% Free Market
  • 6.17% Cap Rate

Building Highlights

  • New 2021 Construction
  • 42 Residential + 2 Commercial Units
  • 21 Garage Parking Spaces
  • Rooftop Deck
  • Elevator in Building
  • High-End Finishes
  • In-Unit Washer/Dryer
  • Strong Unit Mix of Studio-, One-, & Two-Bedrooms
  • Select Units with Lofts and/or Outdoor Space
  • Tenants pay for Heat, Hot Water, Cooking Gas and Electricity
  • Water & Sewer and Common Area Electric
  • Prime Location on Grand St in Communipaw

Convenient Transportation

  • The building is approximately a 2-minute walk to the Grand St at State St Bus Stop which provides an 18-minute trip to Manhattan via the PATH train.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 122887, 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666