266 Erie St | Jersey City, NJ 07310
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- LoopNet Team
266 Erie St
Jersey City, NJ 07310
Build-to-Rent Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Loan assumption from Greystone with lower interest rate than today.
- Tenants are from the Jersey City Housing Authority waiting list.
- One un-renovated apartment to be delivered vacant.
- Approved multifamily and hotel developments across the street and surrounding the entire block.
- Opportunity to renovate the last two remaining units and increase rents.
PROPERTY FACTS
| No. Units | 10 | Total Plot Size | 0.06 ac |
| Property Type | Build-to-Rent | Property Size | 19,925 sq ft |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Floors | 5 |
| Costar Property Class | C | Year Built | 1905 |
| Use Class | MF | ||
| No. Units | 10 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.06 ac |
| Property Size | 19,925 sq ft |
| Average Occupancy | 100% |
| No. Floors | 5 |
| Year Built | 1905 |
| Use Class | MF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 3+1 | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 06-07102-0000-00014 | Improvements Assessment | £769,012 |
| Land Assessment | £534,659 | Total Assessment | £1,303,672 |
PROPERTY TAXES
Parcel Number
06-07102-0000-00014
Land Assessment
£534,659
Improvements Assessment
£769,012
Total Assessment
£1,303,672
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