$620,000
$620,000
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SOLD DATE : 06/01/2023
Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Res/Com Mixed
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23002518
Sold Date 06/01/23
Style Res/Com Mixed
Annual Tax Amount $5,821
Property Description
Invest wisely in this easy to maintain mixed-use property consisting of one commercial unit on first floor, and a residential 3 bedrooms, living room, kitchen, 1 bath on the second floor. The commercial spaced currently being used as a restaurant and has half bath, kitchen, dining area of approximately 800 SQFT totaling approximately 1,100 SQFT of usable space. The basement is full and unfinished, housing the utility room where 2 gas meters, 2 water heaters, one gas boiler, one HVAC unit, and water heater are located. NOI is $50,000 after taxes and Insurance; restaurant pays $3300 per month with $100 annual increase until 2025; Apartment pays $1800 and lease expires 7/2023 Situated in the heart of West New York, 2 blocks away from Bergenline Ave where you'll find shops, banks, restaurants, bakeries, cafes, supermarkets, medical and professional offices, local and NYC transportation. Get it before it's gone!
Location
State NJ
County Hudson
Area West New York
Exterior
Utilities Available Gas, Munincipal Water, Septic, Sewer
Roof Type Flat
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