Off-Market OfferingOff-Market Deal
$2,960,000
Asking Price
$2,960,000
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)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/jersey-city-110-unit-newly-built-2022-class/
https://www.crezly.com/property/jersey-city-110-unit-newly-built-2022-class/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.