Refrigerated Facility with Loading
57 Leuning St., South Hackensack, NJ 07606
For Sale
Contact for pricing
The property combines loading capacity with on-site parking and yard area.
Property Size16,000 SF
Price / SF$281.25
Days on Market46
Property Features for 57 Leuning St.
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Warehouse Space
Cold Storage
Cold Storage Area
Additional Details
Outdoor Storage
Property Use
Building Details
Building Size
Listing Agency:
Century 21 Venture Real Estate
Listed By:
Maggie Abdo-Manno CCIM · License #NJ 0457204
(201) 892-9933
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 3:54PM
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 Century 21 Venture Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 16,000-square-foot refrigerated industrial property in South Hackensack includes multiple loading docks, parking, and yard space. Its location provides access to major highways and transportation routes.
Key Highlights
- 16,000 SF refrigerated industrial facility
- Multiple loading docks
- On‑site parking and yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,071
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,361,420
$4.4M
Cap Rate 7%
$3,115,300
$3.1M
Cap Rate 9%
$2,423,011
$2.4M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$272.6K $17.04/SF
− Vacancy
−$16.1K −$1.01/SF
EGI
$256.6K $16.03/SF
− OpEx
−$38.5K −$2.41/SF
NOI
$218.1K $13.63/SF
Area
Bergen County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,361,420
Cap Rate 7%
$3,115,300
Cap Rate 9%
$2,423,011
Alternative Uses
Best Use
Warehouse
$3.12M
$2.73M – $3.63M
NOI $218,071 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.18M
$3.66M – $4.87M
NOI $292,454 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 07606, NJ
2,701
Population
970
Households
2.8
Avg Household Size
39
Median Age
29%
College-Educated
88%
High-School Grad
0.7 sq mi
ZIP Area
3,859
Density / Sq Mi
$82,750
Median Household Income
$40,871
Median Earnings
$1,906
Median Rent
$514,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - The property combines loading capacity with on-site parking and yard area.
Where is this refrigerated & cold storage located?
The property is located at 57 Leuning St. South Hackensack, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 16,000 SF refrigerated industrial facility; Multiple loading docks; On‑site parking and yard space
