Industrial Building for Contractor
For Sale
$950,000
65 Park Ave, Hillsdale, NJ 07642
Industrial building occupied by an HVAC business, offering space suited for trade, service, storage, light industrial, or showroom use.
Property Size5,760 SF
Price / SF$164.93
Days on Market121
Property Features for 65 Park Ave
General Information
Standard status
Active
Size
5,760 SF
Property subtype
Industrial
Building Details
Building Size
5,760 SF
Listing Agency:
Triforce Commercial RE LLC
Listed By:
Jason Horowitz · License #NY #10491207540
(845) 323-9177
Source:
Triforcecre
Added: Jun 25
Changed: Oct 4
Last Checked: Oct 20 at 5:46PM
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 Triforce Commercial RE LLC
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Investment Insights
Based on property information with market context.
Available for sale, this 5,760 SF industrial building at 65 Park Avenue in Hillsdale, New Jersey is currently occupied by a heating and air conditioning business. The existing setup can support similar contractor or trade uses, as well as service operations, storage, light industrial activities, showroom use, or owner-user occupancy.
The property’s location is described as being in the heart of Hillsdale, positioning the building for businesses looking to serve customers and maintain day-to-day operations from a dedicated industrial facility.
The property’s location is described as being in the heart of Hillsdale, positioning the building for businesses looking to serve customers and maintain day-to-day operations from a dedicated industrial facility.
Key Highlights
- 5,760 SF industrial building at 65 Park Avenue in Hillsdale, New Jersey
- Currently occupied by a heating and air conditioning business
- Layout is suited for trade, service, storage, light industrial, showroom, or owner‑user needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,652
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,040
$1.3M
Cap Rate 7%
$923,600
$923.6K
Cap Rate 9%
$718,356
$718.4K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$98.2K $17.04/SF
− Vacancy
−$5.8K −$1.01/SF
EGI
$92.4K $16.03/SF
− OpEx
−$27.7K −$4.81/SF
NOI
$64.7K $11.22/SF
Area
Bergen County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,293,040
Cap Rate 7%
$923,600
Cap Rate 9%
$718,356
Alternative Uses
Best Use
Industrial
$923.6K
$808.2K – $1.08M
NOI $64,652 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,284 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 07642, NJ
10,143
Population
3,479
Households
2.9
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
3,498
Density / Sq Mi
$169,862
Median Household Income
$69,250
Median Earnings
$1,720
Median Rent
$656,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building occupied by an HVAC business, offering space suited for trade, service, storage, light industrial, or showroom use.
Where is this manufacturing property located?
The property is located at 65 Park Ave Hillsdale, 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: 5,760 SF industrial building at 65 Park Avenue in Hillsdale, New Jersey; Currently occupied by a heating and air conditioning business; Layout is suited for trade, service, storage, light industrial, showroom, or owner‑user needs
