23-27 51st Street

Investment Overview

Avison Young has been engaged by Ownership to offer for sale 23–27 51st Street, Weehawken, NJ 07086 (“the Property”), a 4-story residential property located on the south side of 51st Street between JFK Boulevard East and Park Avenue in Weehawken, NJ.

23–27 51st Street spans approximately 20,000 square feet and consists of twenty (20) total units across four stories, plus a three-room basement unit. Currently, the building features five units per floor with very generous layouts, including three (3) three-bedroom units, five (5) two-bedroom units, and twelve (12) one-bedroom units.

Investment Highlights

• Value-add potential
• Condominium structure in-place
• Highly sought-after and supply-constrained market
• Minutes away from NYC Ferry (10-minute commute) and NYC bus stop (25-minute commute)
• 60% of Units (12) delivered vacant, providing immediate path to upside