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276-290 New York Ave, Newark, NJ 07105

2 Properties in Newark, NJ

Investment Highlights

  • RARE OPPORTUNITY to own an established operating banquet hall and restaurant with on-site parking, and an adjacent mixed-use building.
  • THE MIXED-USE BUILDING is comprised of (2) three-bedroom plus bonus room apartments and a retail space.
  • LARGE LOT AT TRAFFIC-LIGHT CORNER with 295’ of wraparound frontage at New York Avenue and Pulaski Street, allowing for significant exposure.
  • THE BANQUET HALL has several rooms ranging in capacity, restaurant, bar and onsite parking for ~20 cars.
  • IDEAL FOR A CATERING OPERATOR OR CONVERSION INTO OTHER COMMERCIAL OR OFFICE USES banquet hall can be delivered vacant.
  • PRIME LOCATION minutes to Downtown Newark, Newark Airport and several major roadways including Route 9, I-95 & I-78.

Executive Summary

NEWARK ASSEMBLAGE - ESTABLISHED BANQUET HALL & MIXED-USE BUILDING WITH REPOSITIONING POTENTIAL

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 24,642 SF
Total Land Area 0.45 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
278-280 New York Ave, Newark, NJ 07105 Retail 17,400 SF - -
276 New York Ave, Newark, NJ 07105 Multifamily 7,242 SF 1985 -
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  • Listing ID: 33897195

  • Date on Market: 2024-11-16

  • Last Updated:

  • Address: 276-290 New York Ave, Newark, NJ 07105, Newark, NJ

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