Listed by The Agency NYC Real Estate
$1,490,000
2913 Jeannette Street
Details
Property Type Mixed Use
Sub Type Commercial
Square Footage 5,320
Units 4
Cap Rate 5.84%
NOI $90,460
Price per SqFt $291
Year Built 1900-1939
Stories 2
Zoning Mixed
Mixed Use | 5.84% CAP | 5,320 SqFt
Marketing description
Location! Location! Location! This mixed-use property features four residential one-bedroom units and two commercial units, including a Zumba school and a religious facility. Generating a gross income of $126,700 with expenses of $36,240 and a NOI of $90,460, it offers strong income-producing potential. It provides prime transportation access to New York City, with NJ Transit buses and shuttles stopping directly in front of the building. Renovated in 2011 with updated electrical and plumbing systems, the property is also connected to a central station alarm service. Additionally, it features a backyard facing 30th Street that can potentially be converted into a parking area, subject to township approvals and permissions. A rare investment opportunity combining steady income in a highly desirable, transit-accessible location. The address is also known as 811 30th Street.
Listing Contacts
Listed by The Agency NYC Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,460.00
$7,538.33/mo
Valuation Metrics
0
DSCR
6.07%
Cap Rate
6.07%
ROI
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