Five-Unit Mixed-Use
For Sale
$1,490,000
Pending
236 Stuyvesant Ave, Lyndhurst, NJ 07071
Retail and residential components share a commuter-oriented setting with separate utility service for the commercial spaces.
Property Size8,595 SF
Days on Market165
Property Features for 236 Stuyvesant Ave
General Information
Standard status
Pending
Size
8,595 SF
Property subtype
Commercial
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$22,699
Amenities
onsite washer and dryer
large parking lot
Central air
Asphalt Shingle Roof
3 Units Cooling
4+ Units Heating
Parking Lot-Exclusive
Building Details
Year Built
1958
Buildings
1
Tenancy
Multi
Listing Agency:
WEICHERT REALTORS
(908) 277-1200
Listed By:
MACKENSON BONNET
Source:
Corcoran
Added: Mar 19
Changed: Aug 30
Last Checked: Aug 30 at 9:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS
Investment Insights
Based on property information with market context.
This mixed-use property contains five units arranged as three retail stores and two residential apartments, each with two bedrooms. The 8,595-square-foot building dates to 1958 and includes separate utilities for the retail spaces, along with an on-site washer and dryer. A sizable parking area provides on-site parking for the property.
Located in Lyndhurst Township, the building sits one block from the Lyndhurst Train station and approximately 6 miles from New York. The surrounding setting includes restaurants, cafes, and local shops within a walkable suburban environment, supporting both commercial and residential activity.
Located in Lyndhurst Township, the building sits one block from the Lyndhurst Train station and approximately 6 miles from New York. The surrounding setting includes restaurants, cafes, and local shops within a walkable suburban environment, supporting both commercial and residential activity.
Key Highlights
- Five‑unit configuration with 3 retail stores and 2 residential 2 bedroom apartments
- 8,595‑square‑foot mixed‑use building constructed in 1958
- Separate utilities serve the retail spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$132,174
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,643,480
$2.6M
Cap Rate 7%
$1,888,200
$1.9M
Cap Rate 9%
$1,468,600
$1.5M
Market Conditions
NOI Build-Up for 8,595 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$257.9K $30.00/SF
− Vacancy
−$17.5K −$2.04/SF
EGI
$240.3K $27.96/SF
− OpEx
−$108.1K −$12.58/SF
NOI
$132.2K $15.38/SF
Area
Bergen County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,643,480
Cap Rate 7%
$1,888,200
Cap Rate 9%
$1,468,600
Alternative Uses
Best Use
Apartment 5plus
$1.89M
$1.65M – $2.20M
NOI $132,174 @ 7.0% cap · market cap 8.87%
Second Best
Retail
$1.75M
$1.53M – $2.04M
NOI $122,679 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $157,103 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,237
Businesses Nearby
Explore this area
Business Placement
Demographics for 07071, NJ
22,519
Population
9,839
Households
2.3
Avg Household Size
40
Median Age
40%
College-Educated
90%
High-School Grad
4.6 sq mi
ZIP Area
4,895
Density / Sq Mi
$109,021
Median Household Income
$65,401
Median Earnings
$1,719
Median Rent
$496,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and residential components share a commuter-oriented setting with separate utility service for the commercial spaces.
Where is this mixed-use property located?
The property is located at 236 Stuyvesant Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Five‑unit configuration with 3 retail stores and 2 residential 2 bedroom apartments; 8,595‑square‑foot mixed‑use building constructed in 1958; Separate utilities serve the retail spaces
