125 W 54th St - Apartments FOR SALE


Bayonne, NJ 07002
$5,605,000 USD
201-218-9156
125 W 54th St, Bayonne, NJ for Sale
$5,605,000 USD
Apartments - FOR SALE
1/3
null | 6.12% Cap Rate

125 W 54th St
Bayonne, NJ 07002


HIGHLIGHTS

  • Average Rent of $1,621 vs Market Rent of $2,108 ($487+ difference upon turnover)
  • 25 of 27 Free Market Units
  • Mostly 2- & 3-Bed Units
  • Tenants Pay for Heat, Hot Water, Cooking Gas & Electricity
  • Landlord Pays for Water/Sewer & Common Area Electric
  • Updated Common Areas

OVERVIEW

Patrick Forde License No. 2330333 (NJ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 52 Park Avenue, Suite B5, Park Ridge NJ 07656

FOR SALE DETAILS

PRICE

$5,605,000 USD

PRICE/SF

$2,242 USD /SF

# OF UNITS

27

PRICE/UNIT

$207,593

CAP RATE

6.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

125-139 West 54th St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

01-00029-0000-00013

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.