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Residences at 260 260-262 Broadway 11,000 SF 100% Leased Industrial Building Bayonne, NJ 07002 $2,100,000 ($190.91/SF)
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
| Price | $2,100,000 | Lot Size | 0.55 AC |
| Price Per SF | $190.91 | Rentable Building Area | 11,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built/Renovated | 1985/2017 |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | ||
| Zoning | Retail | ||
| Price | $2,100,000 |
| Price Per SF | $190.91 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.55 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1985/2017 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Retail |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- David Aubrey Jewelers
- Retailer
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- -
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Lorem Ipsum
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- Jennys Dimension Beauty Salon
- Services
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$9.99
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| David Aubrey Jewelers | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
| Jennys Dimension Beauty Salon | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
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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 | $470,000 |
| Land Assessment | $839,900 | Total Assessment | $1,309,900 |
Property Taxes
Parcel Number
06-09001-0000-00003
Land Assessment
$839,900
Improvements Assessment
$470,000
Total Assessment
$1,309,900
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Residences at 260 | 260-262 Broadway
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