Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1104, 1106-1108 Main Street
Asbury Park, NJ 07712
Asking Price
$2.50M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily Redevelopment Opportunity <p><strong style="color: rgba(0, 0, 0, 1)">Location:</strong></p><p><span style="color: rgba(0, 0, 0, 1)">From the corner of Main Street and Third Avenue, residents step directly into Asbury Park's downtown core. The Cookman Avenue district, the city's restaurant, retail, and gallery spine is nine blocks south. The Asbury Park boardwalk, Convention Hall, the Casino, and Bradley Park are an eight-block walk to the ocean.</span></p><p></p><p></p>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631