Listed with Jae Seok Shim | 201-290-4321, C Land Realty Co.
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Located in the heavy foot traffic area, a mixed commercial building with great investment value for SALE. Retail tenant on the 1st Floor, well established high-end brands retailer, currently pays under market valued rent but will pay $4,000/M with a new long-term lease. Residential tenant on the 2nd Floor occupies 3Br 2Fbth apt with $2,700/M rent. 2 car parking available (currently 1 car parking but can be easily converted to 2 car parking) and easy street parking. CAP rate, approximately 4.92%.
DAYS ON MARKET | 119 | LAST UPDATED | 3/8/2024 |
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YEAR BUILT | 0 | COMMUNITY | 0206 |
COUNTY | BERGEN | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Mar 8, '24 | $1,500,000 |
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Mar 8, '24 - Today | $1,300,000 |
ADDITIONAL DETAILS | |
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | 0206 |
BUYER'S BROKERAGE COMPENSATION | 2.0% - $350 |
HEAT | Hot Water, Natural Gas |
STYLE | Retail |
TAXES | 12905 |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sotheby's are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 4/30/24 2:39 AM PDT Source: New Jersey Multiple Listing, Inc.
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