DAVIS BRIONES

03/16/2026

Congratulations to & everyone involved in this transaction! Great start to 2026!

Exclusively Listed By: Davis Briones

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01/28/2026

THANK YOU TO OUR CLIENTS FOR AN AMAZING 2025!

2026 WILL BE ANOTHER GREAT YEAR FOR REAL ESTATE INVESTMENTS!

09/25/2025

For Sale 22-Unit Multifamily Building $3,500,000 |
11 Armstrong Avenue, Jersey City, NJ

The Opportunity:
Greenville Jersey City, a 4-story apartment building comprised of 22 residential units.
- Value-add multifamily
- Below market rents in a great rental growth market
- Opportunity to increase rents through capital improvements
- Rent control is 4% annual increases or vacancy capital improvements formula to increase rents to market

Exclusively Listed By: Davis Briones

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09/25/2025

06/04/2025

SALE
DATE: 05/15/2025
ADDRESS: 70 Central Avenue
MARKET: Jersey City
ASSET TYPE: Multifamily - New Construction

BROKER: .cre -

SALE PRICE: $20,000,000
UNITS: 32 ~ PPU: $625,000

Exclusively Listed & Sold By: Davis Briones

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05/14/2025

For Sale 10-Unit Multifamily Building $3,300,000 |
266 Erie Street, Jersey City, NJ

The Opportunity:
Downtown Jersey City, a 5-story apartment building comprised of 10 residential units, most of which are 3-bedroom apartments. There are 8 out 10 apartments renovated about 4 years ago. The registered rents are higher than current rents, opportunity to increase rents without capital expenditures.

The Metrics:
A 6.5% Capitalization rate at the asking price of $3.3 Million. Annual rental income of $306,197 which is $25,516 per month and an average rent of $2,552. Rental comps are $2,850 to $3,250 for downtown Jersey City.

The Location:
The property is in downtown Jersey City bordering with Hoboken. It is conveniently located on Erie street, two blocks from Holland Tunnel to New York City. It’s minutes from the Newport Hudson-Bergen Light Rail station that connects to NJ/NY PATH and is serviced directly by the NJ Transit bus lines to the Port Authority Bus Terminal and Lower Manhattan. Newark Liberty International Airport (EWR) is 8 miles away.

Exclusively Listed By: Davis Briones

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03/05/2025

For Sale 25-Unit New Construction Multifamily Building - $7,500,000 | 30-32 McAdoo Avenue, Jersey City, NJ

The Opportunity:
A brand new construction apartment building consisting of 24 residential units & 1 commercial unit with garage parking for 5 vehicles and bike storage.

The Metrics:
A 6.1% Capitalization rate at the asking price. No lease up risk, currently receiving applications for 6 remaining units. A projected annual rent of $633,167 which is $43.84 per square foot and an average rent of $2,118

The Location:
The property is in Greenville section of Jersey City located on the corner of McAdoo Ave and MLK Drive. It’s minutes from the Danforth St Hudson-Bergen Light Rail station that connects to NJ/NY PATH and is serviced directly by the NJ Transit bus lines to Exchange Place, the Port Authority Bus Terminal and Lower Manhattan. Newark Liberty International Airport (EWR) is 8 miles away.

Exclusively Listed By: Davis Briones

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