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    Corner Medical Office Suites Title is generated by Realmo AI

    440 60TH ST, West New York, NJ 07093

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    Claim this Listing
    New
    For Lease
    $1,375 /Mo

    Office - West New York, NJ

    Type:Office
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 12:06 am

    Property Features for 440 60TH ST

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active

    Building Details

    Floors in Building
    5
    Number of units
    12
    Architectural style
    Other

    We can help!

    Listing Contact
    ANGELA SANCHEZ

    Listing agent ANGELA SANCHEZ License #0570474

    Listing office CENTURY 21 REALTY GROUP 6804 BERGENLINE AVE, North Bergen, NJ

    Listing date Jun 3, 2026

    MLS# 260010736 Listing URL

    Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Professional mixed‑use building at the corner of Bergenline Avenue and 60th Street in West New York
    • Move‑in ready suites available for business use
    • High pedestrian and vehicle traffic near Bergenline Avenue and 60th Street
    • Excellent access to public transportation
    • Flexible layouts designed to accommodate a variety of professional uses
    • Limited‑time promotion: 1 month free rent

    Overview

    This mixed-use commercial property offers professional office and medical office space with flexible layouts designed to support a range of service uses. Suites are described as move-in ready, providing practical, immediate options for businesses seeking an office environment without a long setup timeline.

    The building is positioned at the prominent corner of Bergenline Avenue and 60th Street in West New York, NJ. The location is presented as part of a center-of-town business district, with convenient access to public transportation and day-to-day amenities nearby. The property is also described as having strong overall convenience for clients and visitors due to its central placement.

    Suites may be a fit for a variety of professional and client-facing organizations, including medical professionals, attorneys, accountants, insurance agencies, real estate offices, consultants, therapists, and beauty and wellness services. The combination of a readily accessible suite format and adaptable interior configuration is intended to accommodate different business operations within a single building setting. For availability and to confirm the current suite configuration, schedule a tour.
    Property Profile Location Intelligence

    Current Use by Public Records

    Winograd And Schwartz, Attorneys ... Law Firm Home Care For You, ... Home Health Care Service Synergy Medical Labs Medical Laboratory FedEx Drop Box Postal Service Synergy Medical Laboratory Laboratory

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West New York
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0155972
    Latitude
    40.7887723

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    FAQs

    What type of property is this?
    Office units - Move-in ready office suites in a mixed-use building at a prominent Bergenline Avenue corner in West New York.
    Where is this office units located?
    The property is located at 440 60TH ST West New York, NJ.
    What is the lease rate?
    The lease rate is $1,375 /Mo.
    What are key features of this property?
    This property features: Professional mixed‑use building at the corner of Bergenline Avenue and 60th Street in West New York; Move‑in ready suites available for business use; High pedestrian and vehicle traffic near Bergenline Avenue and 60th Street
    (201) 854-8888
    We can help!
    Listing Contact
    ANGELA SANCHEZ
    Real Estate License ID: 0570474
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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