207 Diamond Bridge Ave
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207 Diamond Bridge Ave
4,800 SF 100% Leased Retail Building Hawthorne, NJ 07506 £1,499,100 (£312/SF) 5.30% Net Initial Yield
Executive Summary
: Lafayette to Diamond Bridge
Remarks: Amazing mixed use building located in the center of town. The main floor of the building is a 2400 retail space which was previoulsy a neighborhood pharmacy for decades and has been recently cleard out and prepard for a potential next business to occupy. Perfect for any type of retail business, medical or professional etc. The 2nd floor of the building has 2 large 3 bedroom apts both that are in excellent conditon and were gut renovated 6-7 years ago. One unit has 3 bedrooms one bath and is being currently leased for 2100 the other with 3 beds and 1.5 baths and is leased for 2500, both have sep utlities and central air. The building also comes with 9 parking spaces and is located next to plenty of public parking as well. This is perfect for either investor or owner occupant. Location is A+ with tons of fot traffic and visability!
Remarks: Amazing mixed use building located in the center of town. The main floor of the building is a 2400 retail space which was previoulsy a neighborhood pharmacy for decades and has been recently cleard out and prepard for a potential next business to occupy. Perfect for any type of retail business, medical or professional etc. The 2nd floor of the building has 2 large 3 bedroom apts both that are in excellent conditon and were gut renovated 6-7 years ago. One unit has 3 bedrooms one bath and is being currently leased for 2100 the other with 3 beds and 1.5 baths and is leased for 2500, both have sep utlities and central air. The building also comes with 9 parking spaces and is located next to plenty of public parking as well. This is perfect for either investor or owner occupant. Location is A+ with tons of fot traffic and visability!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,800 SF
Building Class
B
Year Built/Renovated
1988/2022
Price
£1,499,100
Price Per SF
£312
Net Initial Yield
5.30%
NOI
£79,452
Percent Leased
100%
Number of Floors
2
Building FAR
1.22
Land Acres
0.09 AC
Zoning
C
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 04-00106-0000-00009 | Improvements Assessment | £324,773 |
| Land Assessment | £127,192 | Total Assessment | £451,965 |
PROPERTY TAXES
Parcel Number
04-00106-0000-00009
Land Assessment
£127,192
Improvements Assessment
£324,773
Total Assessment
£451,965
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Chris Leopizzi -
Leopizzi Real Estate Agency
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207 Diamond Bridge Ave
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