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- LoopNet Team
5515 Bergenline Ave
West New York, NJ 07093
Retail Property For Sale
PROPERTY FACTS
Amenities
- Bus Line
- Freeway Visibility
- Signage
About 5515 Bergenline Ave , West New York, NJ 07093
CORNER BUILDING, MIXED USED. LOCATED ON EXTREMELY BUSY BERGENLINE AVE, FEATURES 6 APARTMENTS WHICH 2 OF THEM ARE 2 BEDROOMS THE OTHER 4 ARE 3 BEDROOMS. CURRENTLY COMMERCIAL SPACE HAS 4 YEARS LEFT ON THE LEASE AND AN ADDITIONAL OPTION FOR 5 MORE YEARS, THEIR LEASE INCREASES $100.00 PER YEAR. THE RESTAURANT HAS BEEN THERE FOR 18 YEARS. (STABLE TENANCY)REGISTERED RENTS ARE HIGHER THAN COLLECTED, (UPSIDE). AS OF MAY FIRST 2019 THE RENTS WILL INCREASE ON ALL 6 APTS AN ADDITIONAL 1.6% ($1,275.84 YEARLY) HEAT AND HOT WATER IS PAID BY THE TENANTS. PROPERTY LOT SIZE 25 X 96. GREEN- CARD AVAILABLE. FUEL IS ELECTRIC. AMP IS 110 VOLTS. PLEASE EMAIL PROOF OF FUNDS BEFORE SETTING UP APPOINTMENTS, 24 HRS A MUST FOR SHOWINGS.
PROPERTY TAXES
| Parcel Number | 12-00119-0000-00013 | Improvements Assessment | $163,800 |
| Land Assessment | $126,200 | Total Assessment | $290,000 |
PROPERTY TAXES
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