Bought with Shin Chung RE/MAX Fortune Properties
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $899,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21032657
Sold Date 01/26/22
Style Retail
Property Sub-Type Retail
Property Description
COMMERCIAL BUILDING LOCATED ON ROUTE 46 EAST TO GWB. BUILDING SQFT:1,920 SF, 1ST FLOOR: COFFEE SHOP INCOME: $3.400/M X 12=$40.800 2ND FLOOR: CHURCH OFFICE,INCOME: $1.500/M X 12 =$18.000 (BOTH GROSS LEASE) $40.800 + $18.000 = $58.800(GROSS INCOME) - TAX $ 13.106 = NOI= $45.694 CAP RATE 5.0%.
Location
State NJ
County Bergen
Interior
Heating Central Air, Gas, Hot Air
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Lucas Wolf
Broker of Record/Owner | License ID: 0903676
Broker of Record/Owner License ID: 0903676