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386-390 River St
Paterson, NJ 07524 Riverside

$1,350,000 USD

Auto Repair For Sale • 7,942 SF

Property Details

Property Type Auto Repair
Total Building Size 7,942 SF
Lot Size 0.25 AC
Building Class C
Year Built 1990
Cap Rate 10.14 %
Tenancy Multiple
Zoning MU

40 Transit Score

80 Walk Score

                
                    Highlights
                
                                Newer 2nd floor apartments 
                            
                                Very well maintained with low upkeep
                            
                                Dedicated parking lot for Res. tenants
                            
                                Fully rented with upside potential

Property Flyers

386-392 River St

Financial Summary (Proforma)

Net Operating Income: $101,520 USD (2026)

Cap Rate:	10.14 %
Total Expenses:	$36,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	2 min	-	1.1 mi
Hawthorne (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	2 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Newark Liberty International	30 min	-	20.6 mi
LaGuardia	41 min	-	24.9 mi
Westchester County	60 min	-	42.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Roberto Sanchez 973-216-1945 United Real Estate

386-390 River St Paterson, NJ 07524 Riverside