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127 Academy St, Jersey City, NJ, 07302
SRO Multifamily Building Needs Rehabilitation

127 Academy St Jersey City, NJ 07302

For Sale
Contact for pricing

Five-story SRO building with about 90 units on a 7,642 SF lot; requires total rehabilitation.

Property Size50,000 SF
Lot Size0.18 Acres
Price / SF$25
Days on Market127

Property Features for 127 Academy St

General Information

Standard status
Active
Size
50,000 SF
Lot size
0.18 Acres
Property subtype
Mixed Use, Multifamily

Building Details

Year Built
1920
Listing Agency: Cupo LLC
Listed By: John R Cupo · License #0790333
Source: Crexi
Added: Mar 20 Changed: Jul 23 Last Checked: Jul 23 at 3:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cupo LLC


Investment Insights

Based on property information with market context.

This offering includes a five-story SRO (single room occupancy) multi-family building with approximately 90 residential units. The form of YMCA property requires total rehabilitation. The building is described on a 7,642 SF rectangular site with an approximate total building size of 24,595 SF.

The seller also wants to offer a second property together: 140 East Hanover Street, a three-story multi-purpose building located on an 11,723 SF irregular site. That building is described as including offices, an auditorium, and a gymnasium, with total building area of approximately 29,100 SF.

The owner indicates the two properties can be sold together, and individual offers may be considered so they can also be sold separately.

Key Highlights

  • 127 Academy St.: 5‑story SRO multi‑family building with about 90 residential units
  • Located on a 7,642 SF rectangular lot; building area about 24,595 SF
  • Requires total rehabilitation (YMCA property needs total rehabilitation)

Property Analytics

Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Suggested Use

Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Store & Service Tanning Salon Adult Day Care (Bike/Boat/Book/etc) Store Clothing & Fashion Store Buffet Shopping Center & Mall

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five-story SRO building with about 90 units on a 7,642 SF lot; requires total rehabilitation.
Where is this apartment building located?
The property is located at 127 Academy St Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 127 Academy St.: 5‑story SRO multi‑family building with about 90 residential units; Located on a 7,642 SF rectangular lot; building area about 24,595 SF; Requires total rehabilitation (YMCA property needs total rehabilitation)
More about this property
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