201-308-3494
293 Lafayette Ave, Hawthorne, NJ for Sale
Storefront Retail/Office - FOR SALE
1/44
null | Request Cap Rate

NEW


293 Lafayette Ave
Hawthorne, NJ 07506


HIGHLIGHTS

  • Exceptional cost-to-replicate given today’s construction costs and build quality
  • High-end finishes throughout consistent with ultra luxury condo-quality product
  • Climate-controlled warehouse with freight elevator access (rare amenity)
  • Steel, concrete, and masonry construction throughout
  • Segregated back-up Generator infrastructure for enhanced reliability
  • Walk to Train

OVERVIEW

This offering presents a unique opportunity to acquire a Best-In-Class mixed-use asset that would be extraordinarily costly to replicate in today’s construction environment. Built approximately four years ago with a “no-expense-spared” approach, the property reflects a level of design, infrastructure, and finish well beyond typical market standards. Constructed with steel and poured concrete, the building features solid masonry interior walls throughout—virtually eliminating conventional wood-frame construction. This results in superior structural integrity, sound insulation, fire resistance, and long-term durability, significantly reducing future capital expenditure. The property is configured as a mixed-use building with four (4) ground-floor commercial units and five (5) residential units above, complemented by a climate-controlled lower-level warehouse —a highly functional and income-enhancing component rarely found in comparable assets. The warehouse is serviced by a commercial-grade freight elevator, providing true logistical capability for tenants and owners alike, and opening the door to a variety of commercial, storage, or specialty uses. Each unit is designed for independence and efficiency, with fully separated utilities and individual mechanical systems, including segregated generator backup infrastructure, allowing for operational flexibility and simplified future ownership structuring. The residential units are finished well above rental-grade standards, featuring: • Private in-unit laundry rooms • Coffered ceilings w/upgraded lighting • Quartz Counter tops w/Top Grade appliances • Fireplace • Instant hot water systems • High Ceilings These features position the apartments closer to for-sale condominium quality than typical rental product. Equally Important, the building’s layout, systems, and utility separations make it well-suited for a potential condominium conversion, offering a clear path for a future owner to unlock additional value. This is a highly differentiated asset offering a combination of durability, functionality, and future optionality that is rarely available in the marketplace.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,668 SF

ZONING

-

APN/PARCEL ID

04-00105-0000-00012,04-00105-0000-00013

ASK ABOUT THIS PROPERTY

Sak PhotiadisGlickman Fuerst IncMore Info
201-308-3494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sak PhotiadisGlickman Fuerst IncMore Info
201-308-3494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.