5300-5306 Bergenline Ave | West New York, NJ 07093
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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
$17,237,400 CAD
Price Per SF
$636 CAD
Cap Rate
6.26%
NOI
$1,078,962 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
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 Line
- Security System
- Signage
PROPERTY TAXES
Parcel Number | 12-00094-0000-00001 | Improvements Assessment | $235,443 CAD |
Land Assessment | $2,112,359 CAD | Total Assessment | $2,347,802 CAD |
PROPERTY TAXES
Parcel Number
12-00094-0000-00001
Land Assessment
$2,112,359 CAD
Improvements Assessment
$235,443 CAD
Total Assessment
$2,347,802 CAD
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