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)
📍 Off-market — general area withheld
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