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120 Halsted Street
East Orange, NJ 07018
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Luxury Apartment Community in Essex County <p>CBRE, Inc. has been retained as the exclusive advisor for the fee simple sale of</p><p>120 Halsted Street (“120 Halsted” or “Property”) located at 120 Halsted Street</p><p>in East Orange, New Jersey.</p><p>120 Halsted is a 42-unit mid-rise apartment building positioned in excellent</p><p>physical condition following a complete gut renovation in 2016. The Property</p><p>o©ers a compelling investment opportunity in a stabilized asset operating at a</p><p>95.2% occupancy. Converted from an o©ice
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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
