Retail Space For
570 Westfield Avenue Roselle Park, NJ 07090
570 Westfield Avenue, Roselle Park, NJ, 07090
Contact for pricing
For Sale
Contact for pricing
Retail space available for purchase.
Property Size1,800 SF
Price / SF$330.56
Days on Market1708
Property Features for 570 Westfield Avenue
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Retail
Listing agency
Jeffery Realty
(908) 668-9600
Listed by
Anthony Nataline · License #NJ 0789114
Source
Crexi
Added: Nov 16, 2021 Updated: Jul 6 at 7:40AM Checked: Jul 20 at 6:58AM
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 Jeffery Realty
Investment Insights
Based on property information with market context.
This commercial real estate property, identified as retail space, is available for sale. The property offers a total size of 1800 square feet.
Key Highlights
- No property information provided.
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 | $38.9k | $21.60 |
| − Vacancy | −$2.2k | −$1.21 |
| EGI | $36.7k | $20.39 |
| − OpEx | −$11.0k | −$6.12 |
| NOI | $25.7k | $14.27 |
1,800 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$367.0K
$321.2K – $428.2K
NOI $25,692 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lidios Cafe & Flowers
Cafe & Coffee Shop
Aldene Cleaners
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 570 Westfield Avenue Roselle Park, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: No property information provided.