428 Central Avenue East Orange, NJ 07018
East Orange lounge and bar with plenary retail consumption license.
Property Features for 428 Central Avenue
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1930
Listing office Coldwell Banker Schiavone & Associates
Listing date Feb 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schiavone & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Includes a Plenary Retail Consumption (C) liquor license.
- Turn‑key lounge and bar in a highly visible location.
- Approximately 7500 sq ft with seating for 100 patrons.
Local Financial Insights For Apartment 5plus
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 | $225.0k | $30.00 |
| − Vacancy | −$15.3k | −$2.04 |
| EGI | $209.7k | $27.96 |
| − OpEx | −$94.4k | −$12.58 |
| NOI | $115.3k | $15.38 |
Alternative Uses
Property Analytics
Current Use by Public Records
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