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5300-5306 Bergenline Ave
West New York, NJ 07093

Coviello Plaza · Retail Property For Sale

Investment Highlights

  • Rare Opportunity To Acquire A 100% Occupied +/- 27,100 SF Mixed-Use Building With Attached 88-Space Parking Deck In West  New York, Hudson County, New
  • Parking Deck has 88 Spaces –  Upside In Adding Additional Income With Parking Lease Up
  • Property Consists of 30% Retail Tenants And 70% Office Tenants Anchored By CVS

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,100 SF
Building Class
B
Year Built
1988
Price
£9,756,840
Price Per SF
£360
Net Initial Yield
6.26%
NOI
£610,722
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.56
Lot Size
0.40 AC
Zoning
C-R - Retail Service Commercial
Parking
88 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
77 ft on Bergenline Ave

Amenities

  • 24 Hour Access
  • Bus Route
  • Security System
  • Signage

PROPERTY TAXES

Parcel Number 12-00094-0000-00001 Improvements Assessment £132,856
Land Assessment £1,191,961 Total Assessment £1,324,816

PROPERTY TAXES

Parcel Number
12-00094-0000-00001
Land Assessment
£1,191,961
Improvements Assessment
£132,856
Total Assessment
£1,324,816
 

  • Listing ID: 29571515

  • Date on Market: 20/09/2023

  • Last Updated:

  • Address: 5300-5306 Bergenline Ave, West New York, NJ 07093

The Retail Property at 5300-5306 Bergenline Ave, West New York, NJ 07093 is currently available for sale. Contact Marcus & Millichap for more information.

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