Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    593 New York Ave Lyndhurst, NJ 07071

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile commercial space ideal for creative, production, or light industrial.

    Property Features for 593 New York Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Joseph Simone, Jr.
    Source: Corcoran

    Listing Agency: HOWARD HANNA RAND REALTY Listing Agent: Joseph Simone, Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Lyndhurst Commercial Space for Lease

    This commercial space in Lyndhurst, New Jersey, is available for lease. The property is currently occupied by a commercial printing company and features an open layout with office space, a restroom, and a kitchen area. It is equipped with 3 phase Delta Electric. The space is suitable for creative, production, or light industrial use, offering ample room for equipment and storage. Utilities are relatively new, being approximately 2 years old. The property provides easy delivery access. The tenant is responsible for covering the costs of electric, gas, heat, and hot water.
    Location Intelligence

    Current Use by Public Records

    Organic Dry Cleaners (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Pita and Platters, 5th Avenue Caterers & Deli, The loft at Materas

    Location Insight

    • Map
    • Local Demand
    City
    Lyndhurst
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1166879
    Latitude
    40.8122499

    Nearby Similar for Lease

    • $800 /Mo

      Professional Office Suites Available

      Well-maintained office building ideal for wellness professionals.
      464-470 Valley Brook Ave, Lyndhurst, NJ 07071
      View Details
    • $3,300 /Mo
      2,350 SF

      Lyndhurst Commuter Office Space Available

      Professional office suite near transit, utilities included, immediate occupancy.
      107 Stuyvesant Ave, Lyndhurst, NJ 07071
      View Details
    • $3,700 /Mo
      2,350 SF

      Commuter-Friendly Office Space Available

      Professional office suite near transit, utilities included.
      107 Stuyvesant Ave, Lyndhurst, NJ 07071
      View Details
    • Contact for pricing
      74,074 SF

      Warehouse with Office Space Available

      Warehouse with 3,000 SF office space and highway access.
      1100 Valley Brook Ave, Lyndhurst, NJ 07071
      View Details
    • Contact for pricing

      Retail Space in Densely Populated Area

      Retail space in a thriving shopping center with national grocer.
      430 Lewandowski St, Lyndhurst, NJ 07071
      View Details
    • $4,710 /Mo
      2,350 SF

      Commuter-Friendly Renovated Office Space

      Renovated 2,300 SQFT office space near public transportation.
      107 Stuyvesant Ave, Lyndhurst, NJ 07071
      View Details
    • $800 /Mo

      Professional Office Suites for Rent

      Private office suites available in Lyndhurst, ideal for wellness professionals.
      464 Valley Brook Ave, Lyndhurst, NJ 07071
      View Details
    • $6,000 /Mo

      Lyndhurst Twp. Specialty Property

      Specialty property available for rent in Lyndhurst Twp.
      595 New York Ave, Lyndhurst, NJ 07071
      View Details
    • $5,395 /Mo

      Commuter-Friendly Renovated Office Space

      Renovated office space with excellent commuter access, ready for occupancy.
      107 2Nd Ave, Lyndhurst, NJ 07071
      View Details
    • Contact for pricing
      7,032 SF

      Renovated Office Space Available

      Recently renovated office space with modern amenities for rent.
      125 Chubb Ave, Lyndhurst, NJ 07071
      View Details
    • Contact for pricing
      8,000 SF

      Lyndhurst Retail/Medical/Daycare Space Available

      Move-in ready space suitable for daycare or medical use.
      601 Riverside Ave, Lyndhurst, NJ 07071
      View Details
    • Contact for pricing
      5,504 SF

      Lyndhurst Office Space For Rent

      Office space available in Lyndhurst, New Jersey.
      160 Chubb Ave, Lyndhurst, NJ 07071
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile commercial space ideal for creative, production, or light industrial.
    Where is this flex space located?
    The property is located at 593 New York Ave Lyndhurst, NJ.
    What are key features of this property?
    This property features: - Versatile commercial space ideal for creative, production, or light industrial use.; - Open layout with office space, restroom, and kitchen area.; - 3 Phase Delta Electric power supply.
    (973) 694-6500
    Request Owner's contact information
    593 New York Ave Lyndhurst, NJ 07071
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    593 New York Ave
    Lyndhurst, NJ 07071
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    593 New York Ave Lyndhurst, NJ 07071
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joseph Simone, Jr.
    (973) 694-6500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!