337 47th St | Union City, NJ 07087
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- LoopNet Team
337 47th St
Union City, NJ 07087
Build-to-Rent Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- The property has a going in cap rate of 5.31% with a 5.7% cash on cash return
- 34+ Year under the same family ownership
- 15-30 minutes to NYC
- Steps from the JFK Blvd at 48th St bus stop which offers a direct ride into Manhattan in 16 minutes
PROPERTY FACTS
| No. Units | 12 | Total Plot Size | 0.08 ac |
| Property Type | Build-to-Rent | Property Size | 10,600 sq ft |
| Property Subtype | Apartment | No. Floors | 4 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Costar Property Class | C | ||
| Use Class | R | ||
| No. Units | 12 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.08 ac |
| Property Size | 10,600 sq ft |
| No. Floors | 4 |
| Year Built | 1925 |
| Use Class | R |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 12 | - | - |
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