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99 Pulaski Street
Newark, NJ 07105
Asking Price
$2.29M
Cap Rate
6%
Asset Type
Mixed-use
Class
Class B
What's Special
Mixed Use | Ironbound | $136,509 NOI <p><strong style="color: rgba(0, 0, 0, 1)">Mixed-use investment opportunity in a great location in the Ironbound. Property features 7 total units, including 2 commercial spaces and 5 residential apartments. Residential unit mix consists of two 3-bedroom units and three 2-bedroom units, offering strong rental demand and income stability.Commercial units provide additional income potential with excellent street frontage and visibility on the corner of Pulaski and E. Kinney St. Ideal for investors
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NOI
$80,000
Cap Rate
3.50%
DSCR
0.59
Underwater
Cash-on-Cash
-8.12%
Monthly Payment
$11,304.933
Annual Cash Flow
$-55,659.199
