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6217 Bergenline Ave

West New York, NJ 07093

$2,100,000

Storefront Retail Residential For Sale  •  5,793 Sq Ft

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 5,793 Sq Ft
  • Lot Size 0.05 ac
  • Building Class C
  • Year Built 1995
  • Cap Rate 4.08 %
  • Tenancy Multiple
  • Zoning C-R
67 Transit Score
97 Walk Score

Description

Restaurant and 4 rent control apartments, excellent 1031 exchange, tenant pay their own utilities, long term lease for restaurant.
Insurance $3200.00
Water $800.00
Sewer $1200.00
Taxes  $22159.00
Income : Retail - 5,000 
Apt 1        1400.               2bd
Apt 2	850	 	 	1bd	 	 	 
Apt 3	1125	 	 	2bd	 	 	 
Apt 4	900	 	 	1bd

Highlights

Extremely busy area

Financial Summary (Actual)

Net Operating Income: $85,641 (2017)
Cap Rate: 4.08 %
Total Expenses: $27,359

Major Tenants

Tenant SF Occupied Lease End Date
Centro Latino Restaurant 1,930 SF 3/31/2028

Amenities

  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
New York Penn Station (NJT) Commuter Rail (Northeast Corridor Line, North Jersey Coast Line, Morris & Essex Morristown Line, Montclair-Boonton Line, Morris & Essex Gladstone Branch) 16 min - 5.7 mi
New York Penn Station (LIRR) Commuter Rail (West Hempstead Branch, Ronkonkoma Branch, Long Beach Branch, Port Jefferson Branch, Hempstead Branch, Montauk Branch, Port Washington Branch, Far Rockaway Branch, Babylon Branch) 16 min - 5.7 mi
Transit/SubwayDriveWalkDistance
Bergenline Avenue Transit Stop (Tonnelle Avenue-Hoboken Terminal, West Side Avenue-Tonnelle Avenue) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Newark Liberty International Airport 19 min - 12.1 mi
La Guardia Airport 31 min - 14.8 mi
John F. Kennedy International Airport 41 min - 22.7 mi

Parking Details

Parking Available: No
Reserved: No
Type: Surface
Included in Rent: Yes
Jean-Paul Flores 201-675-6650 Exit Preferred Realty
Jean-Paul Flores 201-675-6650 Exit Preferred Realty