22 E 44th St

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22 E 44th St

Bayonne, NJ 07002
Asking Price
$949K
Asset Type
Apartment Building Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and apartment building located at 22 E 44th St
  • Total building size is reported as 1 square foot
  • Heating is provided through an existing natural gas system
  • Cooling is managed by integrated window air conditioning units
  • The building features a dedicated unfinished basement area
  • Asking price for the acquisition is set at $949,000

What's Special

This retail and apartment building spans 1 square foot in the heart of Bayonne, New Jersey. The property utilizes natural gas for heating and features window units for cooling. An unfinished basement provides additional storage potential, offering versatility for property improvements or long-term operational needs. Bayonne serves as a strategic submarket within the New York metropolitan area, providing access to essential transit routes and a dense residential population. This asset presents a functional footprint for local business owners or investors seeking a presence in a stable suburban corridor. Given the dual-use designation, the site functions effectively for retail storefront operations on the ground level while maintaining apartment utility. The property is well-positioned for those looking to capitalize on the connectivity and economic growth of this New Jersey municipality.

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NOI
$80,000
Cap Rate
8.43%
DSCR
1.42
Strong
Cash-on-Cash
8.31%
Monthly Payment
$4,695.134
Annual Cash Flow
$23,658.39

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