260-262 Broadway - Apartments FOR SALE


Bayonne, NJ 07002- Constable Hook
$2,100,000 USD
732-750-3000
260-262 Broadway, Bayonne, NJ for Sale
$2,100,000 USD
Apartments - FOR SALE
1/6
null | 6% Cap Rate

260-262 Broadway
Bayonne, NJ 07002
Constable Hook


HIGHLIGHTS

  • Value-add opportunity with significant upside in rents
  • Below market rents on all 4-bedroom units.
  • NO RENT CONTROL BUILDING
  • Broadway is the main retail corridor in Bayonne
  • Located near public transportation and Route 440, providing easy commuting options to NYC

OVERVIEW

The property is a three-story building with four residential units and two retail units.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

6

PRICE/UNIT

$350,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Residences at 260

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

Retail

APN/PARCEL ID

06-09001-0000-00003

ASK ABOUT THIS PROPERTY

Davis BrionesThe Kislak Company, Inc.More Info
732-750-3000

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Davis BrionesThe Kislak Company, Inc.More Info
732-750-3000

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