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31 Cottage St
Bayonne, NJ 07002
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Golden opportunity to own a piece of Bayonne's thriving downtown district <ul><li>Remarkable commercial property zoned R-2</li><li>Kitchen/bathroom renovated in 2010</li><li>Bar/dining room renovated in 2017</li><li>Outside painted in 2018</li><li>Storage space, massive commercial kitchen, private parking and grandfathered, spacious patio with outdoor bar</li><li>Pedestrian heavy area and close to light</li><li>Surrounded by a growing mix of retail, residential, and entertainment</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
