$50,000 PRICE IMPROVEMENT! GREAT INVESTMENT OPPORTUNITY in Journal Square! 7% Cap rates based on the projected rents. Commercial space and unit 1 will be delivered vacant. The commercial unit is perfect for any type of business with exposed brick, 10ft+ ceilings and tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Units 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. This property is one block away from JFK Blvd where you can take the bus to and from NYC, 1/2 block from Bergenline Ave and short drive from 1-78. Income & Expense/Floor Plan report available upon request.
LIGHTHOUSE RESIDENTIAL LLC (201) 500-6850
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Listing information last updated on March 7th, 2021 at 5:18pm CST.