103 Bostwick Ave - Apartments FOR SALE
Jersey City, NJ 07305 |
103 Bostwick Ave
Jersey City, NJ 07305
HIGHLIGHTS
- The building will be delivered with approvals for 12 apartments & 2 stores. The existing building is currently vacant & gutted to the studs
- The projected gross rent roll is $380,400 and net income of $255,137.
- The asking price is $1,890,000 at an attractive $135,000 per unit, with a projected 22% cash on cash return & 8% yield on cost at completion.
- The building is located in the Greenville Section of Jersey City.
- The property is approximately a 5-minute walk to JFK Blvd at Broadman Parkway Bus Stop which provides a 45-minute trip into Midtown Manhattan.
- he property is also 3.5 miles from the Journal Square PATH station which offers a 15-minute commute to the World Trade Center
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14000
STORIES
3
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
06-23405-0000-00025
