269 Varick Street
Jersey City, NJ
As an exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee interest in 269 Varick Street for sale.
269 Varick Street represents a rare opportunity to acquire a mixed-use building comprised of 40 Units and 3 Commercial Units in one of New Jersey’s premier markets. The offering is made up of 1 one-bedroom units, and 29 two-bedroom units, and 10 three-bedroom units. New ownership will be uniquely poised to benefit from historically stable in-place cash flow with the ability to increase rents by over 75% as units turnover.
Being on the Gold Coast, the property benefits from surging market fundamentals with Hudson County serving as an overspill for Manhattan. The area attracts young professionals, seniors, families, and empty nesters due to its eclectic and urban feel coupled with its proximity to the region’s major employment drivers. 269 Varick Street offers residents convenient access to the Metro-Area mass transit services, and major highways, and the Holland Tunnel.
• Prime Location in a High-Demand Market
• Stable Cash Flow with Value-Add Potential
• Diverse and Desirable Unit Mix
• Dynamic 24/7 CBD