208 15th St - Apartments FOR SALE


Jersey City, NJ 07310- SoHo West
$3,900,000 USD
908-839-7930
208 15th St, Jersey City, NJ for Sale
$3,900,000 USD
Apartments - FOR SALE
1/47
null | 5.54% Cap Rate

208 15th St
Jersey City, NJ 07310
SoHo West


OVERVIEW

This is a rare and exceptional opportunity to acquire a fully gut-renovated, 10-unit multifamily building at 208 15th St, located in the dynamic and rapidly appreciating Downtown Jersey City market. This turnkey asset offers a perfect blend of luxury, location, and stability, making it an ideal investment for both seasoned investors and those looking to enter the high-growth Jersey City real estate market. The building has undergone a complete transformation, with every unit meticulously renovated to the highest standards. Each of the ten residences features modern, high-end amenities that are highly sought after by today's renters. Unit highlights include gourmet kitchens with brand new stainless steel appliances, premium countertops, and custom cabinetry. The bathrooms feature stylish fixtures and sleek finishes, and every unit has an in-unit washer and dryer. You will also find beautiful hardwood floors and thoughtful design details throughout each residence. A significant draw for tenants are the first-floor units that offer highly desirable private backyard access, providing a serene urban oasis. With a mix of unit layouts, the building is poised to attract a diverse and stable tenant base. The prime location provides exceptional tenant demand, as it's just steps from the vibrant Hamilton Park and Newport neighborhoods. The building offers unparalleled access to public transportation, including the PATH train to Manhattan, the Holland Tunnel, and a wealth of dining, shopping, and entertainment options. This property represents a secure, high-yield investment with the potential for long-term appreciation in one of the most sought-after submarkets in the Tri-State area. Don't miss this opportunity to own a professionally managed, fully modernized building in a premier location.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$381 USD /SF

# OF UNITS

10

PRICE/UNIT

$390,000

CAP RATE

5.54%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

N/Av

APN/PARCEL ID

06-07102-0000-00008

ASK ABOUT THIS PROPERTY

Phoebe Crego-BiggsColdwell BankerMore Info
908-839-7930

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

Phoebe Crego-BiggsColdwell BankerMore Info
908-839-7930

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