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LANDI APARTMENTS
235-239 NEW BRUNSWICK AVE., PERTH AMBOY, NJ
PERTH AMBOY REMAINS A HIGH DEMAND MULTIFAMILY
MARKET WITH IMMENSE BARRIERS TO ENTRY
EXECUTIVE SUMMARY
INVESTMENT OVERVIEW
Lance Bram Commercial Brokerage, as exclusive broker repre-
senting the Owner, is pleased to offer to qualified investors the
opportunity to acquire Landi Apartments (“Property”), as a multi
tenanted mixed-use property 2 miles from RT 440 in Perth Amboy,
NJ. The property consists of 19,016 SF of multifamily over 23 units
as well as a stabilized 16,800 of commercial space fully leased to 3
tenants.
HIGHLIGHTS
• Opportunity Zone Investment
• Steady long term cash flow
• Value-add through recapture of +$30k of below market rents
• Excellent location
• Turn Key meticulously maintained asset
• Anchor commercial Tenant at start of a 5 yr lease
LANDI APARTMENTS
235-239 NEW BRUNSWICK AVE.,
PERTH AMBOY, NJ
+/- 35,800
EXISTING SQUARE FEET
100%
CURRENT OCCUPANCY
LANDI APARTMENTS
“OPPORTUNITY ZONE” INVESTMENT The Opportunity Zones program is designed to drive long-term capital investments into rural and
urban communities. Investors can defer paying federal taxes on capital gains reinvested in Quali-
fied Opportunity Funds that invest in designated communities, under rules released by the U.S.
Department of the Treasury. Reinvested capital gains are deferred from taxation until exit from a
Qualified Opportunity Fund or December 31, 2026, whichever comes first. However gains from
Qualified Opportunity Fund investments held for the long term are taxed at reduced rates, with the
rate reductions increasing at the 5, 7, and 10 year marks. Any gains from Qualified Opportunity
Fund investments held for at least 10 years will be permanently excluded from the capital gains tax.
23 # OF RESIDENTIAL UNITS
$294,217 CURRENT NOI
$336,613 PROFORMA NOI
LANDI APARTMENTS LOCATION OVERVIEW
AERIALS
FRONT REAR
REGIONAL MAP
LANDI APARTMENTS
LANDI APARTMENTS 235-239 NEW BRUNSWICK AVE
POINTS OF INTEREST
SITE MAP
EXCLUSIVE REPRESENTATION
Lance Bram Commercial Brokerage is exclusively representing the
seller in this transaction.
OFFER REQUIREMENTS
Ownership has not established an asking price, but is a market
oriented Seller.
The property will be delivered free and clear of debt.
All offers should include:
• Purchase price and approval process
• Timing for inspection period and closing date
• Amount of earnest money, including the amount that is non-
refundable
• Source of funds for the acquisition
• Financial strength of purchaser
• Summary of closed transactions and references. Seller, with its
sole and absolute discretion, reserves the right to remove the
Property from the market. Seller expressly reserves the right,
in its sole and absolute discretion, to reject any and all pro-
posals or expressions of interest in the Property, to terminate
discussions with any party at any time or to extend the dead-
lines set forth in the time schedule.
OFFERING PROCEDURE
TOUR DATES
Prospective Purchasers and their representatives
will have a chance to tour the Property on the
following dates:
Thursday, April 11th
&
Thursday, April 18th
FOR FURTHER INFORMATION, CONTACT:
LANCE BRAM COMMERCIAL BROKERAGE
JOE D’AGOSTINO Partner
732.545.1850 X 17 [email protected]
LANCE SHALIT Partner
732.545.1850 X 11 [email protected]
WWW.LANCEBRAM.COM
LANDI APARTMENTS 235-239 NEW BRUNSWICK AVE., PERTH AMBOY, NJ
FOR FURTHER INFORMATION, CONTACT:
LANCE BRAM COMMERCIAL BROKERAGE
JOE D’AGOSTINO Partner
732.545.1850 X 17 [email protected]
LANCE SHALIT Partner
732.545.1850 X 11 [email protected]
WWW.LANCEBRAM.COM