Historical Multifamily Sale Listing - Real Estate/Grocery for Redevelopment

Multifamily For Sale

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Real Estate/Grocery for Redevelopment

4401 Bergen Turnpike, North Bergen, NJ 07047

N/A

1 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
1
Building Size:
3,200 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Additional Sub-types:
Free Standing Bldg
Neighborhood Center
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
17.80%
No. Stories:
1
Tenancy:
Multiple
Lot Size:
3,200 SF
Listing ID
18140852
Last Updated
286 days ago

Highlights

  • EXCELLENT LOCATION
  • UP AND RUNNING BUSINESS
  • STABLE
  • CLOSE TO ALL MASS TRANSIT

Description

SOLID OPPORTUNITY TO BUY AND REDEVELOP. THIS PROPERTY'S CURRENT BEING USED AS A GROCERY AND DELI W ATM & LOTTERY BY THE OWNER. IT IS LOCATED IN A CONVENIENT AREA OF NORTH BERGEN; GROCERY GENERATES $151,200 YEARLY. THE BLDG/REAL ESTATE IS APPROX 3,200 SQUARE FEET ON A CORNER LOT W GARAGE PARKING IN THE REAR. THIS IS PERFECT FOR A BUILDER/INVESTOR LOOKING TO REDEVELOP AND IMPROVE THE MIXED USE BLDG BY ADDING A FLOOR TO THE PROPERTY THUS MAKING IT COMMERCIAL ON BOTTOM AND APARTMENTS ON TOP.

THIS PRICE INCLUDES THE REAL ESTATE

North Bergen, NJ has a population of 62,484 with a population density of 11,175 per square mile. This compares to a population density of 11,175 / North Bergen, NJ per square mile for the county.
" The median age of the residents is 34.39 which compares to 34.39 / TOTAL US.
" North Bergen, NJ has a Median HH Income of $53,665 which compares to county median income of $53,665 / North Bergen, NJ.

Map of 4401 Bergen Turnpike, North Bergen, NJ 07047 (Hudson County)

Research for 4401 Bergen Turnpike, North Bergen, NJ 07047 (Hudson County)

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