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250-258 Degraw Ave. Teaneck 2 Buildings 250 Degraw Ave 1,649 SF 75% Leased Retail Building Teaneck, NJ 07666 $2,500,000 ($1,516.07/SF) 8.60% Cap Rate
Investment Highlights
- Two mixed commercial buildings with 10 parking spaces in a prime Teaneck location
- the three store tenants have been in business for over 20 years, and both apartment tenants are highly reliable.
- 3 Apartment + 3 stores+ 1 office ( or store)
Executive Summary
Two mixed commercial buildings( Lot: 0.24 AC, Building: 5900SF) with 10 parking spaces in a prime Teaneck location. Consisting of three apartments and three stores, the three store tenants have been in business for over 20 years, and both apartment tenants are highly reliable. One apartment is occupied by a landlord and will be vacated upon closing. Currently, All leased except office and 1 Apt with Cap rate of over 8%, the building is ideal for investment. Both Building has full basement and 1000SF attic. 3 Store tenants pays all utilities. I-95, I-80, RT4, and RT46 are all within a five-minute drive, and a NYC bus stop is located in front of the building, providing excellent transportation access.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$266,880
|
$161.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$51,600
|
$31.29
|
| Effective Gross Income |
$215,280
|
$130.55
|
| Taxes |
$36,779
|
$22.30
|
| Operating Expenses |
$14,703
|
$8.92
|
| Total Expenses |
$51,482
|
$31.22
|
| Net Operating Income |
$163,798
|
$99.33
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $266,880 |
| Annual Per SF | $161.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $31.29 |
| Effective Gross Income | |
|---|---|
| Annual | $215,280 |
| Annual Per SF | $130.55 |
| Taxes | |
|---|---|
| Annual | $36,779 |
| Annual Per SF | $22.30 |
| Operating Expenses | |
|---|---|
| Annual | $14,703 |
| Annual Per SF | $8.92 |
| Total Expenses | |
|---|---|
| Annual | $51,482 |
| Annual Per SF | $31.22 |
| Net Operating Income | |
|---|---|
| Annual | $163,798 |
| Annual Per SF | $99.33 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,649 SF
Building Class
C
Year Built
1903
Price
$2,500,000
Price Per SF
$1,516.07
Cap Rate
8.60%
NOI
$215,000
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.12 AC
Zoning
B1
Parking
10 Spaces (6.06 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicken Store
- -
- -
- -
- Dec 2028
- Japanese Restaurant
- -
- -
- -
- Dec 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicken Store | - | - | - | Dec 2028 | ||
| Japanese Restaurant | - | - | - | Dec 2028 |
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | 60-02309-0000-00003 | Total Assessment | $759,100 |
| Land Assessment | $367,000 | Annual Taxes | $36,779 ($22.30/SF) |
| Improvements Assessment | $392,100 | Tax Year | 2025 |
Property Taxes
Parcel Number
60-02309-0000-00003
Land Assessment
$367,000
Improvements Assessment
$392,100
Total Assessment
$759,100
Annual Taxes
$36,779 ($22.30/SF)
Tax Year
2025
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250-258 Degraw Ave. Teaneck 2 Buildings | 250 Degraw Ave
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