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394-400 Cedar Ln

Teaneck, NJ 07666
  • $2,999,999

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 2570 - 1008512

ATTENTION INVESTORS: 7.7% CAP RATE! FULLY RENTED PROPERTY. FOUR STORE FRONTS AND A CATERING HALL (RAIN) THAT THE OWNERS JUST SPENT CLOSE TO $1 MILLION DOLLARS RENOVATING. CURRENT OWNERS WILL RENT BACK CATERING SPACE AT $204,000 PER YEAR FOR 5 YEARS WITH (3) 5 YEAR OPTIONS (WITH INCREASES). RAIN IS BOOKED 1+ YEARS OUT SINCE OPENING! TOTAL RENT ROLL $292,080 WITH AN NOI OF $230,888. OWN A PIECE OF DOWNTOWN TEANECK! Please do not go to property without apppointment and disturb or discuss anything with any of the tenants.

Listing Highlights for 394-400 Cedar Ln

Status Active
Days on Site 14
Property Type Commercial Sale
MLS ® 1842155
Year Built 1935
Total Square Footage 0
Lot/Acreage N/A
County Bergen

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air,Gas,Hot Air
  • Heating: Central Air,Gas,Hot Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $50,992
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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394-400 Cedar Ln Teaneck, NJ 07666

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Listing Courtesy of Nina Malone, Keller Williams Valley Realty

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