5300-5306 Bergenline Ave | West New York, NJ 07093
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5300-5306 Bergenline Ave
West New York, NJ 07093
Coviello Plaza · Retail Property For Sale
Investment Highlights
- Rare Opportunity To Acquire A 100% Occupied +/- 27,100 SF Mixed-Use Building With Attached 88-Space Parking Deck In West New York, Hudson County, New
- Parking Deck has 88 Spaces – Upside In Adding Additional Income With Parking Lease Up
- Property Consists of 30% Retail Tenants And 70% Office Tenants Anchored By CVS
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,100 SF
Building Class
B
Year Built
1988
Price
$12,000,000
Price Per SF
$443
Cap Rate
6.26%
NOI
$751,131
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.56
Lot Size
0.40 AC
Zoning
C-R - Retail Service Commercial
Parking
88 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
77 FT on Bergenline Ave
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
PROPERTY TAXES
| Parcel Number | 12-00094-0000-00001 | Improvements Assessment | $163,400 |
| Land Assessment | $1,466,000 | Total Assessment | $1,629,400 |
PROPERTY TAXES
Parcel Number
12-00094-0000-00001
Land Assessment
$1,466,000
Improvements Assessment
$163,400
Total Assessment
$1,629,400
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