Sklar Lofts

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Address: 409 Ocean Ave, Jersey City, NJ 07305, USA
New York & Tri-State + Apartment Buildings
Created date: May 6, 2024
Date last updated: May 7, 2024

-Turn-Key newly renovated 16-Apartment, Mixed-Use building with 1,400 SF of Retail on the ground floor.
-Strong unit mix of mostly 2 bedroom apartments.
-4 Blocks to Richard Street Light Rail Station.
-Major upside in under market residential rents.

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Broker Details

Jonathan Zamora
Jonathan Zamora

Marcus & Millichap (201) 742-6121

Broker Details

Chez Eider
Chez Eider

Marcus & Millichap 201-742-6177

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $4,500,000
No. of Units: 16
Cap Rate: 6.2%
Average Occupancy: 100
Building Size: 16,368 Sq ft
No. of Stories: 3
Opportunity Zone: No
Price per unit: $281,250
Address: 409 Ocean Ave, Jersey City, NJ 07305, USA

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