Farragut Place FOR SALE


West New York, NJ
$7,500,000 USD
201-945-1070
, West New York, NJ for Sale
$7,500,000 USD
FOR SALE
1/3
null | 4.64% Cap Rate

Farragut Place
West New York, NJ


HIGHLIGHTS

  • DEVELOPMENT SITE WITH INCOME.

OVERVIEW

OPERATING RESTAURANT WITH TENANT ON A SHORT TERM LEASE, TENANT IS ON A TRIPLE NET (NNN) PAYING ALL EXPENSES ON THE WHOLE PORTFOLIO. RESIDENTIAL UNITS ARE OCCUPIED BY EMPLOYEES OF THE RESTAURANT AS A BULK LEASE. OWNER HAS A LONG TERM LEASE ON PARKING LOT. IDEAL FOR REDEVELOPMENT WITH NYC VIEWS. PRELIMINARY DRAWINGS FOR 14 UNITS ON CORNER LOTS NOT APPROVED.

ASK ABOUT THIS PROPERTY

Terry JulienCentury 21 Calabrese RealtyMore Info
201-945-1070

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Terry JulienCentury 21 Calabrese RealtyMore Info
201-945-1070

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