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216 Broad Ave - 216 Broad Ave #1B 1,100 SF Office/Retail Condo Unit Offered at $480,000 in Palisades Park, NJ 07650
Investment Highlights
- Heart of Palisades Park
- Lots of natural light
- Major highway
Executive Summary
Hairs, and eyelash would be a great fit!
Property Facts
| Total Building Size | 1,100 SF | Typical Floor Size | 550 SF |
| Property Type | Retail (Condo) | Year Built | 1980 |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.03 AC |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Floors | 2 | ||
| Zoning | commercial - Business zoning | ||
| Total Building Size | 1,100 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 550 SF |
| Year Built | 1980 |
| Lot Size | 0.03 AC |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | commercial - Business zoning |
Amenities
- 24 Hour Access
- Air Conditioning
1 Unit Available
Unit 1B
| Unit Size | 1,100 SF | Sale Type | Investment or Owner User |
| Price | $480,000 | Cap Rate | 5.62% |
| Price Per SF | $436.36 | NOI | $27,000 |
| Condo Use | Office/Retail | No. Parking Spaces | 2 |
| Unit Size | 1,100 SF |
| Price | $480,000 |
| Price Per SF | $436.36 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.62% |
| NOI | $27,000 |
| No. Parking Spaces | 2 |
Description
Has a kitchenette and full bath. 550 SF on 1st and 2nd floor for same unit.
Sale Notes
Investment or owner user opportunity with prime location and close proximity to transit and other retail.
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 3
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216 Broad Ave - 216 Broad Ave #1B
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