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207 Mallory Ave 3,000 SF 100% Leased Retail Building Jersey City, NJ 07304 $2,703,558 CAD ($901.19 CAD/SF) 6.44% Cap Rate
EXECUTIVE SUMMARY
207–209 Mallory Avenue is a turn-key, income-generating investment package comprising three contiguous mixed-use properties in Jersey City’s West Bergen section. Offered as a single portfolio, the buildings cannot be sold separately. The properties generate $150,000 in current gross income and feature strong in-place tenants, professional management, low property taxes, and no rent control, providing immediate cash flow with clear upside through below-market rents.
Highlights
• Three contiguous mixed-use buildings
• Offered as a single portfolio (not available individually)
• Current gross income: $150,000
• Upside through below-market rents
• No rent control
• Professionally managed, turn-key operation
• Low property taxes
Highlights
• Three contiguous mixed-use buildings
• Offered as a single portfolio (not available individually)
• Current gross income: $150,000
• Upside through below-market rents
• No rent control
• Professionally managed, turn-key operation
• Low property taxes
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1900
Price
$2,703,558 CAD
Price Per SF
$901.19 CAD
Cap Rate
6.44%
NOI
$174,109 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.79
Lot Size
0.04 AC
Frontage
20’ on Mallory Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Helen Nails & Spa
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Helen Nails & Spa | Services | - | - | - |
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-18103-0000-00044 | Improvements Assessment | $676,683 CAD |
| Land Assessment | $83,169 CAD | Total Assessment | $759,852 CAD |
PROPERTY TAXES
Parcel Number
06-18103-0000-00044
Land Assessment
$83,169 CAD
Improvements Assessment
$676,683 CAD
Total Assessment
$759,852 CAD
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207 Mallory Ave
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