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1059 West Side Avenue
Jersey City, NJ 07306
Asking Price
Contact for price
Asset Type
Land
Class
Class B
What's Special
Single Story Retail Building on 8100 SF Lot <ul><li>A rare opportunity to control an 8,100 SF infill development site on Jersey City's most actively entitled corridor.</li><li>Approximately .7 miles to Journal Square PATH and its multibillion-dollar redevelopment pipeline; walkable to the Hudson-Bergen Light Rail (West Side Avenue station); direct access to Routes 1&9, the Pulaski Skyway, and the NJ Turnpike Extension.</li><li>Currently Occupied Single Tenant Retail</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