David Cronheim Mortgage Company.
David Cronheim Mortgage Company has assigned its asset management division to represent SunAmerica Investment in repositioning of two properties located at the corner of Broadway and 18th Street in Bayonne, N.J. Cronheim Mortgage will handle the management, renovation, leasing, and disposal of the properties.
The properties include a one-story retail building located at 400 Broadway and an adjacent four-story warehouse located at 9 E. 18th St. The two properties occupy prime locations at the southern end of Bayonne's thriving commercial district, which boasts less than 5% vacancy. Bayonne is located less than five miles away from Jersey City's "Gold Coast" of luxury residential and office development.