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Residences at 260 260-262 Broadway 6 Unit Apartment Building $2,877,861 CAD ($479,643 CAD/Unit) 6% Cap Rate Bayonne, NJ 07002
Investment Highlights
- Value-add opportunity with significant upside in rents
- NO RENT CONTROL BUILDING
- Located near public transportation and Route 440, providing easy commuting options to NYC
- Below market rents on all 4-bedroom units.
- Broadway is the main retail corridor in Bayonne
Executive Summary
The property is a three-story building with four residential units and two retail units.
Property Facts
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-09001-0000-00003 | Improvements Assessment | $655,415 CAD |
| Land Assessment | $1,171,241 CAD | Total Assessment | $1,826,656 CAD |
Property Taxes
Parcel Number
06-09001-0000-00003
Land Assessment
$1,171,241 CAD
Improvements Assessment
$655,415 CAD
Total Assessment
$1,826,656 CAD
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Residences at 260 | 260-262 Broadway
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