110 Unit Retail
Investment Highlights
Jersey City 110-unit newly built (2022) Class A multifamily with ~10K SF fully leased retail component to State backed Mosdos/childcare center to 2036. Centrally located. Average unit sizes (~978 SF) with premium finishes and full amenity package including fitness center, lounge, outdoor terrace, and garage parking. In-place rents averaging ~$3K/unit vs ~$4K comps in the immediate market. 96% occupancy. 2.96M in place NOI. Asking 52M (5.7% cap)
Location
📍 Off-market — general area withheld
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded retail mortgages since 2021, from public ACRIS filings.
- Preferred Bank — 39 loans, typically $300K–$2M
- Symetra Life Insurance Company — 19 loans, typically $345K–$2.15M
- Commonwealth Business Bank — 10 loans, typically $1.17M–$2.24M
- New York Progressive Capital Local Development Cor — 5 loans, typically $1.19M–$2.28M
- G4 18297,LLC — 3 loans, typically $6.55M–$20.73M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
