Catylist ID: #30345450
Mixed Used - Multi- Family
Retail-Commercial for Sale
|Catylist Listing ID:||30345450|
|Property Subtypes:||Mixed Use, Street Retail, Other|
|Building Size (RSF):||2,108 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||2,500 SF|
|Unit Price:||$156.07 PSF|
|Property Use Type:||Investment, Business|
|Average Occupancy Rate:||100|
Overview / Comments
382 E Westfield Ave in Roselle Park is ready for a new owner!
This mixed use building is located right on main commuter avenue. Approx 500 sq ft of retail space on the first floor that retains the original tin ceiling with two one-bedroom apartments above.
Lots of updates!
Furnaces and roof were replaced 8 years ago; water heaters were replaced two years ago with updated plumbing and electric. Both apartment bathrooms and kitchens have been renovated. First floor apartment features high end tile throughout, walk-in closet and access to the backyard; upstairs apartment has hardwood floors, a separate den off of the bedroom with a closet and an unfinished walk-up attic with great height- 2nd bedroom or 3rd apartment studio?
Lots of potential for more income!
Retail unit and first floor apartment are rented, 2nd floor apartment is owner occupied and ready to move. Building has been covered to gas and owner will remove oil prior to closing.
Attachments & Media
|Finance Data Year||2018|
|Real Estate Taxes - Annual($)||$9,870 (Annual)|
|Tax Value Land||$56,300|
|Tax Value Improvements||$194,600|
|Assessed Value - Total($)||$250,900 (Annual)|
|Gross Operating Income||$34,260 (Annual)|
|Net Operating Income||$23,100 (Annual)|
|Actual or Proforma Year||Actual|
|Nearest MSA:||New York-Newark-Jersey City|
|Zoning:||B-3 ARTERIAL BUSINESS DISTRICT|
|Retail Clientele:||General, Family, Business, Other|
|Property Located Between:||Sherman and Sheridan|
|Largest Nearby Street:||Located on Main Rd|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Heat Type:||Natural Gas|
|Air Conditioning:||Window Unit|
|Proximity:||1 mile||3 miles||5 miles|
Belinda AndersonReal Broker LLC TSCPIX Member
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