$5,481,000 USD
201-218-9156
590 Bergen Ave
Jersey City, NJ 07304
McGinley Square
HIGHLIGHTS
- Value-Add Opportunity: 26 Units, 28% Upside, 6.55% Cap Rate
- Building Highlights: Brick Building, 14 Parking Spots, Renovated Units, Laundry in Basement
- Tenants pay for heat, cooking gas & electric; Landlord pay for water/sewer, common area electric, heat, & hot water
- Convenient Transportation: The building is approximately a 5-minute walk to the JFK Blvd at Kensington Ave bus stop
FOR SALE DETAILS
PRICE
$5,481,000 USD
PRICE/SF
$411 USD /SF
# OF UNITS
26
PRICE/UNIT
$210,808
CAP RATE
6.55%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1966
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
06-16701-0000-00003
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201-218-9156
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201-218-9156
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