23-27 51st St - Apartments FOR SALE


Weehawken, NJ 07086
$3,995,000 USD
908-392-0109
23-27 51st St, Weehawken, NJ for Sale
$3,995,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

23-27 51st St
Weehawken, NJ 07086


HIGHLIGHTS

  • Value-add potential
  • Condominium structure in-place
  • Highly sought-after and supply-constrained market
  • 60% of Units (12) delivered vacant, providing immediate path to upside
  • Minutes away from NYC Ferry (10-minute commute) and NYC bus stop (25-minute commute)

OVERVIEW

Avison Young has been engaged by Ownership to offer for sale 23–27 51st Street, Weehawken, NJ 07086 (“the Property”), a 4-story residential property located on the south side of 51st Street between JFK Boulevard East and Park Avenue in Weehawken, NJ. 23–27 51st Street spans approximately 20,000 square feet and consists of twenty (20) total units across four stories, plus a three-room basement unit. Currently, the building features five units per floor with very generous layouts, including three (3) three-bedroom units, five (5) two-bedroom units, and twelve (12) one- bedroom units.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

20

PRICE/UNIT

$199,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,636 SF

ZONING

-

APN/PARCEL ID

11-00065-0000-00005

ASK ABOUT THIS PROPERTY

Ryan McGuirlAvison YoungMore Info
908-392-0109

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Ryan McGuirlAvison YoungMore Info
908-392-0109

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