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Résumé de l'annonce
CBRE is pleased to present the exclusive opportunity to acquire 837-849 Bergen Avenue (“Property”), a 17,000± SF lot with as of right zoning to develop a 143-unit luxury high-rise apartment community featuring 6,288± SF of commercial space in vibrant Journal Square — Jersey City’s rapidly transforming central business district. Currently, the Property houses a mixed-use building totaling 16 apartments and 8 commercial spaces. As of today, only four (4) apartments and five (5) of the commercial spaces are occupied; all of which are on a short-term or month-to-month basis.
The Property benefits from immediate proximity to the Journal Square PATH station, providing direct access to Manhattan in under 20 minutes and serving as a critical transit hub for the 10+ million annual PATH riders. Journal Square has emerged as one of the most dynamic neighborhoods in the New York metropolitan area, with over $2 billion in current real estate development and a multifamily pipeline exceeding 8,000 units either newly built or under construction. The Property is ideally situated and is a short distance from major employers including Goldman Sachs, JPMorgan Chase, and over 12,000 financial services professionals working in nearby offices.
• 143-unit luxury apartment development site (16 Affordable, 127 Market)
• Corner location with max visibility from all sides including skyline views of Manhattan and Jersey City
• 17,000± SF lot size offering an investor flexible development options including apartments, retail, commercial, theater, educational, etc.
• Immediate proximity to the Journal Square PATH station, providing direct access to Manhattan in under 20 minutes
• Existing mixed-use building with short-term leases provides income during the approval process
• Located in the heart of Journal Square — the New York metropolitan area’s most dynamic neighborhood, with over $2 billion in current real estate development
• Strong rental fundamentals with Journal Square rents increasing 13% year-over-year
• Journal Square is quickly becoming an emerging cultural and educational hub
• High apartment demand driven by NYC rent arbitrage and quality-of-life advantages
The Property benefits from immediate proximity to the Journal Square PATH station, providing direct access to Manhattan in under 20 minutes and serving as a critical transit hub for the 10+ million annual PATH riders. Journal Square has emerged as one of the most dynamic neighborhoods in the New York metropolitan area, with over $2 billion in current real estate development and a multifamily pipeline exceeding 8,000 units either newly built or under construction. The Property is ideally situated and is a short distance from major employers including Goldman Sachs, JPMorgan Chase, and over 12,000 financial services professionals working in nearby offices.
• 143-unit luxury apartment development site (16 Affordable, 127 Market)
• Corner location with max visibility from all sides including skyline views of Manhattan and Jersey City
• 17,000± SF lot size offering an investor flexible development options including apartments, retail, commercial, theater, educational, etc.
• Immediate proximity to the Journal Square PATH station, providing direct access to Manhattan in under 20 minutes
• Existing mixed-use building with short-term leases provides income during the approval process
• Located in the heart of Journal Square — the New York metropolitan area’s most dynamic neighborhood, with over $2 billion in current real estate development
• Strong rental fundamentals with Journal Square rents increasing 13% year-over-year
• Journal Square is quickly becoming an emerging cultural and educational hub
• High apartment demand driven by NYC rent arbitrage and quality-of-life advantages
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,40 AC |
| Condition de vente | Projet de redéveloppement | Taille du bâtiment | 22 805 pi² |
| Nombre d’unités | 16 | Occupation moyenne | 36% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 3 |
| Sous-type de propriété | Appartement | Année de construction | 1924 |
| Style d’appartement | De faible hauteur | Zone de développement économique |
Oui
|
| Classe d’immeuble | C | ||
| Zonage | C-1 | ||
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre d’unités | 16 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,40 AC |
| Taille du bâtiment | 22 805 pi² |
| Occupation moyenne | 36% |
| Nombre d’étages | 3 |
| Année de construction | 1924 |
| Zone de développement économique |
Oui |
| Zonage | C-1 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 16 | - | - |
1 1
Exceptionnellement accessible à pied
100/100
Relativement adapté aux voitures
40/100
Transports en commun exceptionnels
90/100
Moyennement accessible en vélo
60/100
Impôts fonciers
| Numéro de lot | 06-13302-0000-00020 | Évaluation des bâtiments | 3 682 908 $ CAD |
| Évaluation du terrain | 1 845 069 $ CAD | Évaluation totale | 5 527 977 $ CAD |
Impôts fonciers
Numéro de lot
06-13302-0000-00020
Évaluation du terrain
1 845 069 $ CAD
Évaluation des bâtiments
3 682 908 $ CAD
Évaluation totale
5 527 977 $ CAD
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837-845 Bergen Ave
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