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Freestanding Building on Main Thoroughfare
For Sale
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509 Stuyvesant Ave, Lyndhurst, NJ

Freestanding building on a 7500 SF lot, great investment.

Property Size2,100 SF
Lot Size0.12 Acres
Price / SF$452.38
Days on Market316

Property Features for 509 Stuyvesant Ave

General Information

Standard status Active
Size 2,100 SF
Lot size 0.12 Acres
Property subtype RETAIL
Listing Agency: RE/MAX Select
Listed By: Patrick Varelas · License #1540486
Source: Moodyscre
Added: Nov 25, 2025 Changed: Sep 7 Last Checked: Oct 7 at 1:36PM

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 RE/MAX Select

Investment Insights

Based on property information with market context.

This freestanding building, situated on a main thoroughfare, presents an investment opportunity. The site, a fixture in the town for over 50 years, is ready for new ownership. It occupies a 7500 square-foot lot. The existing building has a property size of 2100 square feet. Zoning regulations permit the addition of a second level. The property is suitable for retail investment, medical use, and mixed-use development.

Key Highlights

  • Freestanding building on a 7500 sq ft lot.
  • Zoning allows for adding a second level.
  • Ideal location on a main thoroughfare.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,974
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,480 $599.5K
Cap Rate 7%
$428,200 $428.2K
Cap Rate 9%
$333,044 $333.0K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$45.4K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$42.8K $20.39/SF
− OpEx
−$12.8K −$6.12/SF
NOI
$30.0K $14.27/SF
Area
Bergen County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,480
Cap Rate 7%
$428,200
Cap Rate 9%
$333,044

Alternative Uses

Best Use
Retail
$428.2K
$374.7K – $499.6K (±1% cap)
NOI $29,974 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.4K
$479.8K – $639.8K (±1% cap)
NOI $38,385 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Amazon Counter - Paradise ... Courier Service

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Law Firm Hotel & Motel Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 100%
DTLR/VILLA Apparel
2,662 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding building on a 7500 SF lot, great investment.
Where is this retail space located?
The property is located at 509 Stuyvesant Ave Lyndhurst, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Freestanding building on a 7500 sq ft lot.; Zoning allows for adding a second level.; Ideal location on a main thoroughfare.
(201) 400-5344 Call to check price and availability
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