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    229 61St St West New York, NJ 07093

    Sponsored
    For Lease
    Contact for pricing

    Prime Location, Ample Parking, 3800 sq ft

    Lot size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional West New York commercial property, located at 229 61st St, 07093, offers 3,800 square feet of versatile space ideal for a bar, restaurant, or lounge. The main floor boasts 1,900 square feet of open, adaptable space with high ceilings, perfect for a welcoming dining area or bar. A similarly sized basement (1,900 sq ft) provides ample storage, potential for a prep kitchen, or even an exclusive lower-level dining area. Parking is a significant advantage, with four garage spaces and four outdoor spots included – a rare find in this area. Conveniently situated near major highways and public transportation, this property ensures easy accessibility for customers. The bustling neighborhood offers a diverse demographic, promising a steady stream of potential patrons. The flexible layout and dual-level design cater to various business models, making this a fantastic opportunity to establish a thriving enterprise in a prime West New York location. The property is a single-tenant space, offering complete control and customization.

    Property Features for 229 61St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,800 SF

    Unit(s) available at that property

    Space
    Size
    3,800 SF

    HighLights

    • 3,800 SF total space (1,900 SF main floor, 1,900 SF basement).
    • High ceilings in the basement, adding significant usable square footage.
    • Eight parking spaces total (four garage, four outdoor).
    • Ideal for bar, restaurant, or lounge use.
    • Excellent location in a thriving, easily accessible neighborhood.
    • Convenient access to major highways and public transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Splash pad Water Park

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    West New York
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.011134478589
    Latitude
    40.788277629445

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, Ample Parking, 3800 sq ft
    Where is this restaurant located?
    The property is located at 229 61St St West New York, NJ.
    What are key features of this property?
    This property features: 3,800 SF total space (1,900 SF main floor, 1,900 SF basement).; High ceilings in the basement, adding significant usable square footage.; Eight parking spaces total (four garage, four outdoor).
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    229 61St St West New York, NJ 07093
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