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Investment Highlights
- Units in Very Good Condition
- Rent Control on only two units
- 73% of Units are 2 BR's
- Tenant-Paid Utilities
Executive Summary
35-37 East 19th Street
• Well-maintained all-brick 9-unit multifamily building featuring an excellent unit mix of six (6) two-bedroom apartments and three (3) one-bedroom apartments. All units are in very good condition with highly desirable, functional floor plans that appeal to a broad tenant base. The property offers four (4) detached garages located in the rear parking area, providing a valuable tenant amenity. This is a low-expense investment with all utilities paid directly by the tenants. Four (4) apartments are equipped with central heating and air conditioning, while the remaining units feature separate hot water boiler heating systems. Each apartment has its own individual hot water heater,
further minimizing owner utility costs. With its attractive all-brick construction, strong unit mix, tenant-paid utilities, and well-maintained apartments, this property represents an outstanding investment opportunity with stable long-term income potential.
64 West 11th Street
• Well-maintained 6-unit multifamily property featuring an attractive unit mix of five (5) spacious two-bedroom apartments and one (1) one-bedroom apartment. Two of the two-bedroom units are enhanced by enclosed interior sun porches, providing additional living space and added tenant
appeal. • All apartments are in very good condition and offer highly functional, well designed floor plans that maximize living space and marketability
• Well-maintained all-brick 9-unit multifamily building featuring an excellent unit mix of six (6) two-bedroom apartments and three (3) one-bedroom apartments. All units are in very good condition with highly desirable, functional floor plans that appeal to a broad tenant base. The property offers four (4) detached garages located in the rear parking area, providing a valuable tenant amenity. This is a low-expense investment with all utilities paid directly by the tenants. Four (4) apartments are equipped with central heating and air conditioning, while the remaining units feature separate hot water boiler heating systems. Each apartment has its own individual hot water heater,
further minimizing owner utility costs. With its attractive all-brick construction, strong unit mix, tenant-paid utilities, and well-maintained apartments, this property represents an outstanding investment opportunity with stable long-term income potential.
64 West 11th Street
• Well-maintained 6-unit multifamily property featuring an attractive unit mix of five (5) spacious two-bedroom apartments and one (1) one-bedroom apartment. Two of the two-bedroom units are enhanced by enclosed interior sun porches, providing additional living space and added tenant
appeal. • All apartments are in very good condition and offer highly functional, well designed floor plans that maximize living space and marketability
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,200,000 | Number of Properties | 2 |
| Price / SF | $202.53 / SF | Individually For Sale | 2 |
| Cap Rate | 5.92% | Total Building Size | 15,800 SF |
| Sale Type | Investment | Total Land Area | 0.06 AC |
| Status | Active |
| Price | $3,200,000 |
| Price / SF | $202.53 / SF |
| Cap Rate | 5.92% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 15,800 SF |
| Total Land Area | 0.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 37 E 19th St, Bayonne, NJ 07002 | Multifamily | 8,800 SF | 1920 | $2,200,000 |
| 64 W 11th St, Bayonne, NJ 07002 | Multifamily | 7,000 SF | 1980 | $1,000,000 |
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