868 Post Ave is a well-built mixed-use building delivering a strong 6.9% cap rate. The ground floor level features five retail stores (450–600 sf) sized for easy rentals, while the second floor offers two spacious 3-bedroom apartments, currently leased to FHEP programs for stable income. There is upside on the residential rents.
Constructed with block masonry, the building is relatively new (2020) requiring minimal maintenance. A dedicated front parking lot—a rare amenity in this neighborhood—adds significant value to the building and convenience for the retail tenants.
Situated on a high-visibility corner at a signalized intersection in Port Richmond, the corner property benefits from heavy vehicle and foot traffic and offers immediate access to NY-440 and the Bayonne Bridge for easy connectivity to New Jersey.