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521-523 Washington St
Newark, NJ 07102 South Broad Street

$3,000,000 USD

Apartments For Sale  •  4,838 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,838 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1915
77 Transit Score
88 Walk Score

Highlights

NNN Lease extending to 10/2028, 8.35% Cap Rate
Corporate Guarantee with tenant backed by US Department of Veterans Affairs.
1 mile from Downtown Newark & Penn Station
4.3 Miles from East Orange VA Hospital

Property Flyers

Amenities

  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Newark Penn Station (Broad Street Station - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Grove Street - Newark Penn Station - NJ Transit Commuter Rail (NJ Transit), Newark Penn Station-World Trade Center - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 2 min - 1.4 mi
Newark Broad Street (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit)) 4 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Washington Street (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail)) 1 min 17 min 0.9 mi
Military Park (Grove Street - Newark Penn Station - Newark Light Rail (Newark Light Rail)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Newark Liberty International 7 min - 4.5 mi
Laguardia 41 min - 23.8 mi
John F Kennedy International 51 min - 32.0 mi
Michael Sherman 631-235-9741 Baseline Real Estate Advisors
Michael Sherman 631-235-9741 Baseline Real Estate Advisors