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Waterfront Mixed-Use (2 Apts & 1 Retail) - 16 NJ-5, Edgewater, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • Unpriced

  • 3,400

  • N/A

  • NOI :

  • Acres :

  • $147,434

  • 0.09

  • Property Type :

  • Property Status :

  • Mixed-Use

  • Available

Investment Highlights

  • Opportunity To Acquire A 100% Occupied, +/- 3,400 SF Mixed-Use Building On The Gold Coast In Edgewater, Bergen County, New Jersey.
  • Building Consists of 2 Large Upscale Residential Units And 1 Retail Unit.
  • Spacious 3-Bedroom, 2-Bathroom Dwellings With Direct NYC And Hudson River Views.
  • Completely Gut Renovated With Condo Finishes In 2022 With Separate Utilities.
  • Retail Tenant Just Signed A New 10-Year Lease With 5% Annual Increases.
  • A+ Location Off Of River Rd With Access To Multiple Shopping Centers.
  • Located Directly Across The Street From The Edgewater Ferry Landing With Direct Access To Manhattan.
  • Just 2.3 Miles To The George Washington Bridge And Major Routes Of Transportation (I-95, Rt 46, Rt 4 And Rt 80).
  • Superior Demographics; Over 29,000 People With An Average Household Income Of Over $148,000 Within 1 Mile Of The Subject Property.
  • Nearby National Tenants Include: Whole Foods, Trader Joe's, Chase, ACME, Dunkin' And Starbucks.

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