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Listed by Jae Seok Shim • C Land Realty Co. • (201) 290-4321
$ 1,300,000
Est. payment | /mo
$ 1,300,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 24000146
Style Retail
Annual Tax Amount $12,905
Property Description
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%.
Location
State NJ
County Bergen
Area Cliffside Park
Building/Complex Name None
Interior
Heating Gas, Hot Water, Radiators, Wall A/C, Win/AC
Exterior
Utilities Available Sep Elec, Sep Gas, Sep Heat
Waterfront Description None
Others
Ownership Corporate
"Elevating Real Estate Dreams with Heart and Expertise."
111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States