837 Bergen Avenue

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837 Bergen Avenue

Jersey City, NJ 07306
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

143-unit luxury apartment development site <ul><li>​<span style="color: rgba(67, 82, 84, 1)">143-unit luxury apartment development site (16 Affordable, 127 Market)</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">Corner location with max visibility from all sides including skyline views of Manhattan and Jersey City</span></li><li>​<span style="color: rgba(67, 82, 84, 1)">17,000± SF lot size offering an investor flexible development options including apartments, retail, commercial, theater, educational, etc.</span></li><li>​<span

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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

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