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Industrial Building for Contractor Use

65 Park Ave Hillsdale, NJ 07642

65 Park Ave, Hillsdale, NJ, 07642
$950,000
For Sale
$950,000

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 Market29

Property Features for 65 Park Ave

General Information

Standard status
Active
Size
5,760 SF
Property subtype
Industrial
Listing agency Triforce Commercial RE LLC
Listed by Jason Horowitz · License #NJ #1433362
Source Triforcecre
Added: Jun 25 Updated: Jul 21 at 1:39AM Checked: Jul 22 at 4:46AM

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


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.

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

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $124.4k $21.60
− Vacancy −$7.0k −$1.21
EGI $117.4k $20.39
− OpEx −$35.2k −$6.12
NOI $82.2k $14.27
5,760 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,214 @ 7.0% cap · market cap 8.65%
Second Best
Industrial
$923.6K
$808.2K – $1.08M (±1% cap)
NOI $64,652 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,284 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Darius Chimney Sweep ... Hardware & Home Improvement

Suggested Use

Hotel & Motel Daycare Center Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Nursing Home Butcher Discount Store Law Firm Travel Agency

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

FAQs

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
Contact an agent
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