MIXED-USE corner building(5 apt and retail) 2414 Palisade Ave 4,623 SF 100% Leased Retail Building Weehawken, NJ 07086 $3,181,613 CAD ($688.21 CAD/SF) 4.26% Cap Rate

INVESTMENT HIGHLIGHTS

  • Mixed-use corner building which includes three 2BR, two 1BR, and one retail space (Dry Cleaners-No dry cleaning machine-zero environmental issues)
  • Every tenants pay heat,gas and electricity( separate meter) This fully brick building is located less than 125 ft from NJ Transit Buses.

EXECUTIVE SUMMARY

Amazing opportunity for any investor. Extremely well kept mixed-use corner building which includes three 2BR, two 1BR, and one retail space (Dry Cleaners-No dry cleaning machine-zero environmental issues) with full basement. Every tenants pay heat,gas and electricity( separate meter) This fully brick building is located less than 125 ft from NJ Transit Buses and is in a highly walkable area. Ellsworth Park, grocery, retail, transportation, is all close by. Don't miss your chance for stability.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $169,135 $36.59
Other Income - -
Vacancy Loss - -
Effective Gross Income $169,135 $36.59
Taxes - -
Operating Expenses - -
Total Expenses $33,495 $7.25
Net Operating Income $135,641 $29.34

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,623 SF
Building Class
C
Year Built
1910
Price
$3,181,613 CAD
Price Per SF
$688.21 CAD
Cap Rate
4.26%
NOI
$135,559 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.06 AC
Zoning
R-3
Frontage
27’ on Palisade Ave

AMENITIES

  • Bus Line
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Erol & Dilan Realty, LLC
  • -
  • -
  • -
  • -
  • VIP Cleaners
  • Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Erol & Dilan Realty, LLC - - - -
VIP Cleaners Services - - -
Walk Score®
Walker's Paradise (94)

NEARBY MAJOR RETAILERS

Key Food
Compare Foods
Oritani Bank
The Fish Market
Bonchon
Noches De Colombia
IHOP
Bank of America
Chase Bank
Starbucks

PROPERTY TAXES

  • Listing ID: 34610582

  • Date on Market: 2025-01-26

  • Last Updated:

  • Address: 2414 Palisade Ave, Weehawken, NJ 07086