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232 Stuyvesant Ave 3,545 SF Retail Building Lyndhurst, NJ 07071 $999,900 ($282.06/SF) 6.69% Cap Rate
INVESTMENT HIGHLIGHTS
- Mixed Use Property
- Off Street Park Area
- 2 Retail Storefronts, 3 Residential Apartments
- Steps Away from new Lyndhurst Train Station
EXECUTIVE SUMMARY
Prime Investment opportunity in the middle of Lyndhurst. Located in a high demand commuter area! This mixed use property features 3 residential units and 2 leased retail storefronts,1 One Bedroom Unit, 2 Three Bedroom Apartments. Off street parking in the rear parking area. Recent updates include roof, furnace, hot water heater. Landlord pays heat/water/sewer. Tenant pays cooking gas and electric. Steps away from the New Lyndhurst Train Station, close to NYC buses, stores, restaurants, nightlife.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,545 SF
Building Class
C
Year Built
1920
Price
$999,900
Price Per SF
$282.06
Cap Rate
6.69%
NOI
$66,893
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.10 AC
Zoning
B - Mixed Use building
Parking
7 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
25’ on Stuyvesant Ave
AMENITIES
- Smoke Detector
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-00066-0000-00020 | Total Assessment | $965,800 (2025) |
| Land Assessment | $235,100 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $730,700 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
32-00066-0000-00020
Land Assessment
$235,100 (2025)
Improvements Assessment
$730,700 (2025)
Total Assessment
$965,800 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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232 Stuyvesant Ave
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