Five-Unit Mixed-Use
For Sale
$1,490,000
236 STUYVESANT AVE Unit 238, Lyndhurst, NJ 07071
Three retail spaces and two apartments combine in a mixed-use building near commuter rail.
Property Size8,595 SF
Price / SF$173.36
Days on Market186
Property Features for 236 STUYVESANT AVE Unit 238
General Information
Standard status
Active
Size
8,595 SF
Property subtype
General 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
3
Asphalt Shingle
B
Parking.
10 Parking Spaces. Lot.
50X169, 50X169
Central Business District.
Building Details
Year Built
1958
Buildings
1
Tenancy
Multi
Listing Agency:
WEICHERT REALTORS
(973) 380-3704
Listed By:
MACKENSON BONNET
(973) 380-3704
Source:
Xome
Added: Feb 25
Changed: Aug 29
Last Checked: Aug 29 at 8:06PM
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.
The property is a 8,595-square-foot mixed-use building completed in 1958, with three retail stores and two two-bedroom apartments. Retail spaces have separate utilities, supporting distinct service arrangements across the commercial units. On-site laundry equipment and a large asphalt parking lot are also included.
Located at 236 Stuyvesant Ave in Lyndhurst, the building sits one block from the Lyndhurst Train station and within a walkable suburban setting with restaurants, cafes, and local shops nearby. New York is approximately 6 miles away. The property is positioned within the Central Business District and includes 10 parking spaces on a 50X169, 50X169 lot.
Located at 236 Stuyvesant Ave in Lyndhurst, the building sits one block from the Lyndhurst Train station and within a walkable suburban setting with restaurants, cafes, and local shops nearby. New York is approximately 6 miles away. The property is positioned within the Central Business District and includes 10 parking spaces on a 50X169, 50X169 lot.
Key Highlights
- 8,595‑square‑foot mixed‑use building with 3 retail stores and 2 residential 2‑bedroom apartments
- One block from the Lyndhurst Train station
- 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
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 12%
Burger King
Dining
26,026 visits/mo
0.4 miles
Starbucks
Dining
13,674 visits/mo
0.4 miles
Sunoco
Shops & Services
5,386 visits/mo
0.4 miles
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three retail spaces and two apartments combine in a mixed-use building near commuter rail.
Where is this mixed-use property located?
The property is located at 236 STUYVESANT AVE Unit 238 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: 8,595‑square‑foot mixed‑use building with 3 retail stores and 2 residential 2‑bedroom apartments; One block from the Lyndhurst Train station; Separate utilities serve the retail spaces
