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 $3200 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 youll find shops, banks, restaurants, bakeries, cafes, supermarkets, medical and professional offices, local and NYC transportation. Get it before its gone!
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0BEDS
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N/AACRES
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1BATHS
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11/2 BATHS
School Ratings & Info
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 $3200 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 youll find shops, banks, restaurants, bakeries, cafes, supermarkets, medical and professional offices, local and NYC transportation. Get it before its gone!
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Data last updated: 2022-12-09T08:25:48.053.