603 New Jersey Avenue, NY
6 Units Walk-up building in East New York
Overview
Key Highlights
- Price $1,325,000
- Units 6
- Gross SF 5,625
Key Facts
• Located on the east side of New Jersey Avenue between Livonia and Riverdale Avenues
• 25 foot wide three story walkup building measuring approximately 5,625 SF
• Protected tax class 2A
• Strong occupancy and cash flow performance with below market rents
• Well maintained building with recently renovated units, one free market and five rent stabilized
• Low cost and a straightforward asset to manage
• Convenient transportation options as the property is just one block from the 3 Train Pennsylvania Ave station and the B20 & B83 Bus lines
• Located near the Pennsylvania Ave retail corridor, schools, Supermarkets, the East New york Industrial Business Zone and more
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