363 Broadway

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363 Broadway

Bayonne, NJ 07002
Asking Price
$750K
Cap Rate
6%
Asset Type
Storefront Retail
Class
Class B

What's Special

Value-Add Investment or Owner-User Opportunity <p><strong>Property Description</strong></p><ul><li>​Fully cash flowing, value-add, residential/commercial </li><li>​Commercial storefront boasts a large main entry in addition to three (3) separate rooms, a kitchenette, and full bathroom</li><li>​One 4B/1Ba apartment with upside, renting 70% of market </li><li>​Short term leases and no rent control allow for mostly immediate Owner-User opportunity</li></ul><p></p><p><strong>Location Description</strong></p><ul><li>​Situated in the heart of Bayo

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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