520 Broadway
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520 Broadway
5,930 SF 100% Leased Retail Building Bayonne, NJ 07002 £1,877,880 (£317/SF)
Investment Highlights
- heavy traffic area
- four commercial spaces; five residential units
- ideal location
Executive Summary
Prime time opportunity awaits! In this investor's dream you will find an oversized, brick corner property in an ideal centralized location consisting of four commercial storefronts, as well as five residential rentals above. Property also includes parking in rear of building. Situated on the main drag in the heart of town with abundant pedestrian and vehicle traffic allowing for utmost visibility. Nearby to various other businesses including restaurants and shopping as well as just a short distance from major transportation, including the Hudson Bergen Light Rail and multiple hospitals. This is the one you have been waiting for- add it to your portfolio today!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,930 SF
Building Class
C
Year Built
1920
Price
£1,877,880
Price Per SF
£317
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.74
Lot Size
0.08 AC
Zoning
CBD
Frontage
22 ft on Broadway
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 01-00197-0000-00001 | Total Assessment | £639,731 (2024) |
| Land Assessment | £229,414 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £410,317 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
01-00197-0000-00001
Land Assessment
£229,414 (2024)
Improvements Assessment
£410,317 (2024)
Total Assessment
£639,731 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
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520 Broadway
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