Property Details

Listing ID: 170010059
Price: $475,000
Address: 1102 AVENUE C
City: Bayonne
State: New Jersey
Postal Code: 07002
Total Baths: 3
Full Baths: 2
Partial Baths: 1
County: Hudson
Prime mixed use investment property, booming up town location. 3 Units include two residential units w/ 2BDs, 5RMS each w/ storage for residential & business. Thriving "American Italian Grill" for commercial business 3 yr lease remains paying $1,100, 2nd yr $1,200, 3rd yr $1,300. Currently offering a gross annual income of 41,700 with 5% vacancy factored in, net annual operating income of 30,765 with 6.6% ROI w/ separate utilities. This gem is located in the heart of a hustle & bustle neighborhood w/ great foot traffic & dynamics, it will not last. Close to schools, restaurants, cafe, shops, supermarket, gym, diner & much more. Commuters will appreciate the 45th St Light-Rail Station, buses to JSQ, Exchange Place and a direct non-stop to Wall Street! Great potential on the horizon for major uptown redevelopment(s).

Primary Features

County: Hudson
Property Type: Commercial Investment
Half Baths: 1


DOM: 28
Dual Var Rate: no
Easements: no
Fuel: Gas
Handicapped Access: no
Items Excluded: Owner's personal property.
Items Included: All major appliance, commercial oven, grill, exhaust, refrigerators and equipment
Mixed Use: yes

Interior Features

Elevators: no
Number of Units: 3
Total Number of 3BR: 2

External Features

Approximate Lot Size: 19.82x100
Broker Sign: no
Covered Parking: no
Free Standing: no
Number of Stories: 3
Type of Construction: Brick

Location Information

Between: 53rd & 54th
Block: 00035

Financial Details

Expense Sheet Attached: yes
Rent Control: no
Sale/Rent: For Sale
Taxes: 7935

Zoning Info

© 2017 Hudson County Multiple Listing Service (HCMLS). The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Hudson Place Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing courtesy of WEICHERT REALTORS .
Data services provided by IDX Broker