599 60th St - Warehouse FOR SALE


West New York, NJ 07093
$1,200,000 USD
201-627-4947
599 60th St, West New York, NJ for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/17
null | 5.83% Cap Rate

599 60th St
West New York, NJ 07093


HIGHLIGHTS

  • The warehouse offers a 9'8'' wide by 8' high drive in bay with a motorized garage door and security gate
  • 46' no parking loading zone Monday-Friday 8-6 in front of the building
  • Second floor apartment with great natural light with windows on three sides.

OVERVIEW

Mixed use building with full lot coverage on 50 x 95 land. First floor masonry warehouse of 4,600 sq ft made of 3,750 sq ft of open space, minimal columns, and 11' ceiling; plus 850 sq ft office space with three bathrooms and kitchenette. The warehouse offers a 9'8'' wide by 8' high drive in bay with a motorized garage door and security gate, plus a 46' no parking loading zone Monday-Friday 8-6 in front of the building. Second floor apartment with great natural light with windows on three sides. Eat in kitchen with wood cabinetry, dark granite countertops, and stainless steel gas range, refrigerator, and microwave. Bathroom with travertine tiled shower and granite sink vanity. Two good sized bedrooms, currently being used as three bedroom with combo kitchen living room. Dark hardwood floors thru the apartment. Both units are currently rented for good cash flow and investment at 5.83% CAP rate, see enclosed financials. Parking: 1 reserved street spot and 1 drive-in bay spot.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

5.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Millenium

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

11 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11

LAND SF

4,792

ZONING

R-M

APN/PARCEL ID

12-00132-0000-00011

ASK ABOUT THIS PROPERTY

Adam BickoffCompassMore Info
201-627-4947

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Adam BickoffCompassMore Info
201-627-4947

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