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    FOR SALE
    Commercial real estate

    14 Cooper St, Bayonne, NJ 07002

    Built 1920
    Property ID
    US59-1339442
    Property summary
    AI-generated overview

    This exceptional five-unit apartment building presents a compelling investment opportunity in the thriving Bayonne, New Jersey market. Located at 14 Cooper Street, this property boasts a prime location within walking distance of public transportation, offering easy access to NYC. The building, constructed in 1920 and featuring three stories, is zoned R2 and currently operates as a fully occupied, income-generating asset. The property includes a mix of meticulously renovated units: one spacious three-bedroom, one-bathroom apartment and four modernized two-bedroom units, all equipped with stainless steel appliances. Separate utilities and recently installed new boilers contribute to efficient management and reduced maintenance costs. Additional features include basement hookups for two washer/dryer units and a sizable backyard for tenant use. Importantly, the property is free of oil tanks, a fact verified by existing inspection reports. All necessary certificates and inspections are up-to-date, ensuring compliance and providing peace of mind to the new owner. This turnkey investment offers immediate rental income and significant growth potential in a highly desirable area. The asking price is $1,999,900. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a strategic location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1920
    UPID US59-1339442
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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