417 Brinkerhoff Ave, Palisades Park, NJ 07650

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Commercial Sale Residential Sale Active Mixed

417, East Brinkerhoff Avenue, Palisades Park, Bergen County, New Jersey, 07650, United States

$2,850,000

Description

Building #1 : 417 Brinkerhoff Ave, Palisades Park, NJ 07650
NJMLS#: none

_ Restaurant & Residential
_ 3 Story Corner Restaurant/Bar with 3 residential units
_ 2500 SF / Rent : $7000/Mo ($33.60PSF) Gross Lease
_ 2 X 2BD APT ($1,700 & $1,850/Mo) 800 + 1000 SF
_ 1 X 3BD APT ($1,800/Mo) 1,200 SF

Building #2 : 252 12th St, Palisades Park, NJ 07650
_ $2,250/M
_ 3 BD / 1.5 Baths
_ Size: 1,200 SF

Highlights
_ Corner unit with high visibility located on a busy corner of Bergen Blvd
_ 5 Units: all below market rent (Current rent roll already meets 5% cap)
_ Most lease are mo to mo