Mixed-Use Buildings in Leonia
333-335 Broad Leonia, NJ 07605
333-335 Broad, Leonia, NJ, 07605
$2,950,000
For Sale
$2,950,000
Two adjacent mixed-use buildings in Leonia's bustling downtown area.
Property Size6,000 SF
Price / SF$491.67
Days on Market212
Property Features for 333-335 Broad
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Listing Agency
2WIN REALTY LLC
(201) 720-9000
Listed by
PAUL KIM
Source
Corcoran
Added: Dec 20, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 4:11 am
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 2WIN REALTY LLC
Investment Insights
Based on property information with market context.
Two adjacent buildings are available for purchase in the busy downtown area of Leonia. The properties, located at 333 and 335 Broad Avenue, have a total square footage of just under 6,000 across two floors. The first floor features 3,000 square feet of retail space, while the second floor includes one office and two apartments. The retail space has a rear entrance to the Leonia municipal parking lot, providing free parking for customers. The retail space is currently owner-occupied and will be delivered vacant.
Key Highlights
- Two adjacent buildings in Leonia downtown
- Retail space delivered vacant
- Rear entrance to Leonia municipal parking lot offering free parking for customers
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.6k | $21.60 |
| − Vacancy | −$7.3k | −$1.21 |
| EGI | $122.3k | $20.39 |
| − OpEx | −$36.7k | −$6.12 |
| NOI | $85.6k | $14.27 |
6,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.43M
NOI $85,640 @ 7.0% cap · market cap 2.90%
Second Best
Mixed Use
$1.20M
$1.05M – $1.40M
NOI $83,700 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,670 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two adjacent mixed-use buildings in Leonia's bustling downtown area.
Where is this mixed-use property located?
The property is located at 333-335 Broad Leonia, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Two adjacent buildings in Leonia downtown; Retail space delivered vacant; Rear entrance to Leonia municipal parking lot offering free parking for customers
