Rare opportunity to own this ground-up 2021 new construction property in the prime location of Jersey City Heights. This 50 foot wide, 5 unit building located on a massive 50' x 100’ IRR lot, comes equipped with private Garage Parking for the busy curbsides of Jersey City Heights. Huge potential for continued Market Rent and tax abatement eligibility with condominium conversion. Approximately 4200 square feet of living space with approximately 2000 square feet of common amenities. The building is comprised of 3, 2 and 1 bedroom units. Each unit features luxury condominium finishes, expansive living room, beautiful classic grey hardwood flooring, Quartz Countertops, Stainless steel appliances, in-unit laundry hookups, French balconies, video intercom security and much more.. Situated at a one minute walk to John F. Kennedy Boulevard bus Stop, hop on Bus #125 direct to New York Port Authority Bus Terminal in 24 mins. 2 blocks to Washington Park and Central Avenue, makes sporting activities, grocery shopping, dining, quick coffee runs and bank visits a breeze. Great low maintenance building for long term investment at a high Cap rate in the area. Fully Occupied, cash flowing property! 1031 Exchange investors welcome!
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