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5135 Bergenline Ave 2,484 SF 50% Leased Retail Building West New York, NJ 07093 $2,512,656 CAD ($1,011.54 CAD/SF)
EXECUTIVE SUMMARY
We are pleased to present for sale a prime mixed-use commercial investment located at 5135 Bergenline Ave, West
New York, NJ 07093. This two-story building is complemented by an adjacent parking lot, address 509 52nd St, offering an attractive
combination of tenant income, value-add or owner-user potential, and site flexibility. Contact Broker Connor Russo for financials.
ASSET HIGHLIGHTS
- Two-story mixed-use commercial building + rear parking
- Prime ground-floor retail unit leased to national wireless retailer (Boost Mobile)
- Second-floor former law-office (vacant) offering immediate lease-up or owner-occupant potential
- Included in the sale: a 4,675 SF parking lot behind the building (address: 509 52nd St, West New York, NJ)
LOCATION OVERVIEW
- West New York has an extremely high population density (over 50,000 people per square mile) - a strong
consumer base for retail and service tenants
- Bergenline Ave is the major north-south commercial spine through Northern Hudson County, supporting over
300 retail stores and restaurants along its length
- High walk-ability, strong bus & train transit lines including the Hudson-Bergen Light Rail at 49th St/Bergenline
New York, NJ 07093. This two-story building is complemented by an adjacent parking lot, address 509 52nd St, offering an attractive
combination of tenant income, value-add or owner-user potential, and site flexibility. Contact Broker Connor Russo for financials.
ASSET HIGHLIGHTS
- Two-story mixed-use commercial building + rear parking
- Prime ground-floor retail unit leased to national wireless retailer (Boost Mobile)
- Second-floor former law-office (vacant) offering immediate lease-up or owner-occupant potential
- Included in the sale: a 4,675 SF parking lot behind the building (address: 509 52nd St, West New York, NJ)
LOCATION OVERVIEW
- West New York has an extremely high population density (over 50,000 people per square mile) - a strong
consumer base for retail and service tenants
- Bergenline Ave is the major north-south commercial spine through Northern Hudson County, supporting over
300 retail stores and restaurants along its length
- High walk-ability, strong bus & train transit lines including the Hudson-Bergen Light Rail at 49th St/Bergenline
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,484 SF
Building Class
C
Year Built
1920
Price
$2,512,656 CAD
Price Per SF
$1,011.54 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.11 AC
Zoning
C-R/I-L - Commercial-Residential zoning,
Parking
18 Spaces (7.25 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-00108-0000-00012 | Improvements Assessment | $165,710 CAD |
| Land Assessment | $157,284 CAD | Total Assessment | $322,994 CAD |
PROPERTY TAXES
Parcel Number
12-00108-0000-00012
Land Assessment
$157,284 CAD
Improvements Assessment
$165,710 CAD
Total Assessment
$322,994 CAD
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Presented by
Serhant New Jersey LLC
5135 Bergenline Ave
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