169 Culver Ave - Apartments FOR SALE


Jersey City, NJ 07305- Hackensack River Waterfront
$1,900,900 USD
732-444-1003
169 Culver Ave, Jersey City, NJ for Sale
$1,900,900 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

169 Culver Ave
Jersey City, NJ 07305
Hackensack River Waterfront


OVERVIEW

NEW DEVELOPMENT CONDO PROJECT WITH PROPERTY FOR SALE--Summary: Declaration obtained from Jersey City Planning Board with All approvals fully granted. Architectural and Engineering Construction Documents Completed & Ready to Build! Projected construction Time = 9-12 months. Fully Approved Architectural and Engineering Plans specifies Adaptive Re-use of current Structure. This Mid-Rise Architectural Condo Masterpiece offers excellent amenities--Elevator, Roof Garden, 4 Subgrade Parking plus storage, Bicycle Storage. Unit Count = 7. Four 2 bedroom units and Three 1 bedroom units. Units designed as Self-contained open floor plan. Consists of gourmet style kitchen & dining, 2 baths and laundry room. THE PROJECTED VALUATION AT COMPLETION OF THIS PROJECT IS ESTIMATED BETWEEN $6-$7MIL+ CONDO UNIT BREAKDOWN: TWO BEDROOM UNITS APT. #101 - 2 BEDRM UNIT/3 BTHS - = 1,815 S.F. - (DUPLEX) APT #302 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F. APT #402 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F. (ENCLOSED ROOF GARDEN AREA) APT #502 - 2 BEDRM UNIT/2 BTHS - = 1,288 S.F. (ENCLOSED ROOF GARDEN AREA) ONE BEDROOM UNITS APT #301 - 1 BEDRM UNIT = 774 S.F. APT #401 - 1 BEDRM UNIT = 774 S.F. APT #501 - 1 BEDRM UNIT = 959 S.F.

FOR SALE DETAILS

PRICE

$1,900,900 USD

PRICE/SF

$146 USD /SF

# OF UNITS

7

PRICE/UNIT

$271,557

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

R-2

APN/PARCEL ID

06-22102-0000-00016

ASK ABOUT THIS PROPERTY

Mohanie KaulesarDiamond Real Estate Brokerage LLCMore Info
732-444-1003

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Mohanie KaulesarDiamond Real Estate Brokerage LLCMore Info
732-444-1003

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