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Mixed-Use Investment Property
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58 Kossuth St, Newark, NJ 07105

For-sale mixed-use investment property in Newark with a total building size of about 4,500 square feet.

Property Size4,500 SF
Price / SF$400
Days on Market150

Property Features for 58 Kossuth St

General Information

Standard status Active
Size 4,500 SF
Property subtype Retail, Multifamily, Mixed Use
Investment Type Owner/User

Building Details

Year Built 4
Year Renovated 2020
Stories 2
Units 3
Listing Agency: New and Modern Group
Listed By: Sandra Oliveira · License #1751574
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Sep 8 at 7:41AM

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 New and Modern Group

Investment Insights

Based on property information with market context.

This is an off-market for-sale mixed-use investment property offering a combined commercial and residential income component. The offering is presented as a mixed-use investment opportunity, with a total building size of approximately 4,500 square feet.

The property is located at 58 Kossuth St in Newark, New Jersey (07105). Additional details regarding unit configuration, commercial tenancy, and specific building features are not provided in the information available here.

Interested parties should request further materials to confirm the current layout and income-producing details for both the commercial and residential portions of the mixed-use asset.

Key Highlights

  • For‑sale mixed‑use investment property in Newark, NJ
  • About 4,500 sq ft total building size

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,054
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.84%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,381,080 $1.4M
Cap Rate 7%
$986,486 $986.5K
Cap Rate 9%
$767,267 $767.3K
Market Conditions
NOI Build-Up for 4,500 SF 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.
Gross rent
$132.3K $29.40/SF
− Vacancy
−$6.7K −$1.50/SF
EGI
$125.6K $27.90/SF
− OpEx
−$56.5K −$12.56/SF
NOI
$69.1K $15.35/SF
Area
ZIP 07105
Vacancy
5.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,381,080
Cap Rate 7%
$986,486
Cap Rate 9%
$767,267

Alternative Uses

Best Use
Apartment 5plus
$986.5K
$863.2K – $1.15M (±1% cap)
NOI $69,054 @ 7.0% cap · market cap 3.84%
Second Best
Mixed Use
$876.5K
$767.0K – $1.02M (±1% cap)
NOI $61,358 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,666 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Allegro Seafood Grill Restaurant

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Nursing Home Plumbing Service

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

2,720
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - For-sale mixed-use investment property in Newark with a total building size of about 4,500 square feet.
Where is this mixed-use property located?
The property is located at 58 Kossuth St Newark, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: For‑sale mixed‑use investment property in Newark, NJ; About 4,500 sq ft total building size
(908) 425-1875 Call to check price and availability
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