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Listed with Michael Vera-Silva | 201-347-3255, Realty One Group Paramount
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Seize the opportunity to own two mixed-use properties in Teaneck, NJ, boasting a 6.81% cap rate with potential to reach 9.85%. These properties offer a balanced income stream in a bustling commercial district, featuring both retail and residential units. The commercial spaces are ideal for high-traffic businesses, while the residential units cater to a steady rental market. Investing in these properties ensures both immediate returns and long-term growth potential, positioning them as a cornerstone for future generations. They're an excellent fit for savvy investors seeking stable, high-yield assets and a connection to Teaneck's vibrant community. Don't overlook this opportunity to invest in a legacy that guarantees returns for years to come.
| DAYS ON MARKET | 11 | LAST UPDATED | 4/26/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 0260 |
| COUNTY | BERGEN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 0260 |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2%-$350 |
| HEAT | Natural Gas |
| STYLE | Retail |
| TAXES | 16807 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 5/7/24 7:52 AM PDT Source: New Jersey Multiple Listing, Inc.
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