250-258 Degraw Ave Teaneck, NJ 07666
Two mixed-use buildings with parking and reliable tenants.
Property Features for 250-258 Degraw Ave
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agency: REALTY 7, LLC Listing Agent: Eunice Kim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Buildings in Prime Location
Two mixed commercial buildings, featuring three apartments and three stores, are available for purchase. The property includes 10 parking spaces and is situated in a prime location in Teaneck. The three store tenants have been in business for over 20 years, and the apartment tenants are highly reliable. One apartment is occupied by a landlord and will be vacated upon closing. The property is ideal for investment, with all units currently leased except for one office and one apartment, yielding a cap rate of over 8%. Both buildings have a full basement and a 1000 square foot attic. The store tenants are responsible for all utility payments. The location provides excellent transportation access, with I-95, I-80, Route 4, and Route 46 all within a five-minute drive. Additionally, a New York City bus stop is conveniently located in front of the building.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Teaneck
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0210851
- Latitude
- 40.8752056
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two mixed-use buildings with parking and reliable tenants.
Where is this mixed-use property located?
The property is located at 250-258 Degraw Ave Teaneck, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - High cap rate (over 8%) indicates strong investment potential.; - Prime Teaneck location with **10 parking spaces**.; - Excellent transportation access: close to I-95, I-80, RT4, RT46, and NYC bus stop in front.
