358 Grove St - Storefront Retail/Residential FOR SALE


Jersey City, NJ 07302- Downtown Jersey City
$7,500,000 USD
201-388-0013
358 Grove St, Jersey City, NJ for Sale
$7,500,000 USD
Storefront Retail/Residential - FOR SALE
1/66
null | Request Cap Rate

358 Grove St
Jersey City, NJ 07302
Downtown Jersey City


OVERVIEW

Golden opportunity for investors that rarely comes along. This brick building consists of 19 residential units and 3 commercial units and is located in the heart of Historic Downtown Jersey City, just a block and half from Grove St. Path Train Station. 16 1BR and 3 studio units, fully occupied. All separate heat and hot water. Great income with low expenses. Cap rate is 5.5%. Close to shopping, schools, restaurants and transportation. It won't last. Call for private showing.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,931 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

358-362 Grove St Jersey City NJ 07302

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,623 SF

ZONING

-

APN/PARCEL ID

06-11508-0000-00018

ASK ABOUT THIS PROPERTY

Medhat DewaikColdwell Banker Commercial RealtyMore Info
201-388-0013

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Medhat DewaikColdwell Banker Commercial RealtyMore Info
201-388-0013

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