9 18Th StBayonne, NJ 07002

This exceptional Bayonne, NJ multifamily property at 9 E 18th St presents a compelling investment opportunity. The four-story, solid brick building, renovated in 2020, boasts seven units: six two-bedroom, two-bathroom luxury loft-style condos and one commercial unit. Currently operating at 86% occupancy, the building offers significant income potential. Each condo features 11-foot ceilings, exposed brick, oak hardwood floors, private laundry, and expansive open floor plans with modern kitchens including stainless steel appliances, granite countertops, and wine fridges. The building includes a stylish glass-fronted entry with a ramp and stairs, a convenient elevator, and a repurposed-wood commercial office space. Residents enjoy breathtaking views and the convenience of a prime location near light rail, major highways, shopping, and recreational activities, including waterfront parks and diverse dining options. The asking price is $3,999,999, with a price per unit of $571,428.43. This property offers a blend of historic charm and contemporary sophistication, making it an ideal investment for those seeking a high-return, low-maintenance asset in a rapidly developing area with easy access to NYC via the soon-to-be-available ferry. The building's modern amenities and desirable location ensure strong rental demand and long-term value appreciation.