3396 John F Kennedy Blvd - Apartments FOR SALE


Jersey City, NJ 07307
$1,800,000 USD
917-526-2982
3396 John F Kennedy Blvd, Jersey City, NJ for Sale
$1,800,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

3396 John F Kennedy Blvd
Jersey City, NJ 07307


HIGHLIGHTS

  • No Rent Control
  • Value Add Building
  • Solid Brick Corner
  • 100% Lot Coverage
  • Good Condition Rubber Roof
  • Commercial Units Can Be Delivered Vacant

OVERVIEW

Solid corner investment opportunity to own an 8 unit building in Jersey City without the limitations of rent control. Commercial units can be delivered vacant. Residential units are renovated, and all have under market rents and have month-to-month leases in place. The high visibility & traffic count of this corner make it a desirable leasing opportunity for commercial businesses.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$360 USD /SF

# OF UNITS

8

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A.K.A 297 Griffith St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,900 SF

ZONING

RC-2

APN/PARCEL ID

06-03404-0000-00001

ASK ABOUT THIS PROPERTY

Jason TrembickiKW CommercialMore Info
917-526-2982

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Jason TrembickiKW CommercialMore Info
917-526-2982

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