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253 Degraw Avenue , Teaneck, NJ 07666

$899,999

Detail

  • Property ID: 24012597
  • Price: $899,999
  • Property Type: Commercial Sale/Lease
  • Property Status: Commercial

Description

Seize the opportunity to own two mixed-use properties in Teaneck, NJ, boasting a 6.81% cap rate with potential to reach 9.85%. These properties offer a balanced income stream in a bustling commercial district, featuring both retail and residential units. The commercial spaces are ideal for high-traffic businesses, while the residential units cater to a steady rental market. Investing in these properties ensures both immediate returns and long-term growth potential, positioning them as a cornerstone for future generations. They’re an excellent fit for savvy investors seeking stable, high-yield assets and a connection to Teaneck’s vibrant community. Don’t overlook this opportunity to invest in a legacy that guarantees returns for years to come.

  • Address: 253 Degraw Avenue
  • City: Teaneck
  • State/county: BERGEN / NJ
  • Zip/Postal Code: 07666
  • Country: United States

Listing provided by Realty One Group Paramount

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-05-20 3:00 PM. Source: New Jersey Multiple Listing Service, Inc.

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