55 E 21st St
This Property Has Private Information → Offering Memorandum – Access Private Inventory: Login or Create Account
Property Description
Acquire this corner mixed-use investment at 55 E 21st Street, featuring 10 residential units, 1 commercial space, and a standalone garage. The asset consists of two separate structures, including an 8-unit building with a ground-floor commercial space and a detached 2-unit building. Many of the residential leases are currently month-to-month, providing a clear opportunity to increase rents and capture upside. The commercial space also offers flexibility and may be subdivided into two units to enhance income potential. Ownership has recently completed a successful tax appeal, with the updated assessment pending, which may further improve overall performance.
Highlights
- Just 250 feet from the Hudson-Bergen Light Rail (22nd Street HBLR Station), offering direct connections to Jersey City, Hoboken,
and onward to Manhattan via PATH - Walk Score of 91 and Transit Score of 65 — daily errands and commuting can be accomplished without a car.
- High-visibility corner positioning on East 21st Street, offering strong street presence and signage exposure for the commercial tenant.
Agent Information
Agent Name: Chris Cervelli
Agent Information: All offers, showings and negotiations through listing broker. Please contact Chris Cervelli at 201--868-6300 ext 18 or email [email protected] for more information.
