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565 Broad Street
Newark, NJ 07102
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
Mixed-Use Redevelopment for Sale <p>Redevelopment Opportunity:</p><ul><li>Existing ground-floor retail occupancy</li><li>Five vacant residential units</li><li>Value-add redevelopment potential</li><li>Potential tear-down/redevelopment scenario</li><li>Adjacent to proposed 300+ unit Ark Tower project</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
