Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    206 Englewood Ave Teaneck, NJ 07666
    Back to Search
    Property profile & analytics

    206 Englewood Ave, Teaneck, NJ 07666

    View on Map
    • Investment properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Yalla Teaneck / Restaurant
    • Barock Orchestra / Theater & Performing Art Venue / Nightclub

    Property Details for 206 Englewood Ave

    Property type
    Investment properties

    Description

    This thriving Kosher restaurant and catering business in Teaneck, NJ, presents a unique investment opportunity. Located on West Englewood Avenue, this 800-square-foot establishment enjoys high visibility and significant foot traffic, making it a well-established community favorite. The business boasts consistently positive customer reviews and a strong reputation for exceptional food quality. A complete turnkey operation, the sale includes all necessary equipment for immediate operation. This includes two prep refrigerators, a shawarma machine, a substantial six-burner stove with oven, a grill, three large freezers, and three refrigerators. The restaurant's prime location and existing customer base provide a solid foundation for continued success and growth. This is an excellent chance to acquire a profitable, well-regarded business in a desirable market, ready for a new owner to step in and continue its legacy of culinary excellence. The sale includes all existing equipment and fixtures, allowing for a seamless transition. The opportunity awaits an experienced restaurateur or a savvy investor seeking a proven, profitable venture. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Teaneck
    County
    BERGEN
    State
    New Jersey
    Longitude
    -74.0069
    Latitude
    40.9012

    Comparable in this City

    • Value Estimation by Request

      468 Cedar Ln

      Investment properties
      468 Cedar Ln, Teaneck, NJ 07666
      View Details
    • Value Estimation by Request

      Teaneck Rd

      Investment properties
      0 Teaneck Rd, Teaneck, NJ 07666
      View Details
    • Value Estimation by Request
      2,500 SF

      468 Cedar Ln

      Investment properties
      468 Cedar Ln, Teaneck, NJ 07666
      View Details
    • Value Estimation
      $650,000
      4,032 SF

      1175 Congress Ave

      APARTMENT HOUSE (UNDER 5 UNITS)
      1175 Congress Ave, Teaneck, NJ 07666-5858
      View Details
    • Value Estimation by Request
      1.95 Acres

      475 Alfred Ave

      INDUSTRIAL (GENERAL)
      475 Alfred Ave, Teaneck, NJ 07666-5755
      View Details
    • Value Estimation by Request
      0.29 Acres

      668 American Legion Dr

      COMMERCIAL (GENERAL)
      668 American Legion Dr, Teaneck, NJ 07666-2419
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Profitable Catering Business with Liquor

      Turn-key Glatt-Kosher food and catering business with liquor license.
      446 Cedar Ln, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Mixed-Use Buildings in Prime Location

      Two mixed-use buildings with parking and reliable tenants.
      250-258 Degraw Ave, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Teaneck Medical Office Building For Sale

      Medical office building in Teaneck's healthcare corridor.
      870 Palisade Ave, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Teaneck Auto Repair Business

      Established auto repair business for sale in prime Teaneck location.
      457 Teaneck Rd, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Teaneck Medical Office Building For Sale

      Medical office building in Teaneck's healthcare corridor, near Holy Name.
      870 Palisade Ave, Teaneck, NJ 07666
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Teaneck Office Suite For Rent

      Three-room office suite in Teaneck, near highways.
      154 Englewood Ave, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Professional Office Space Available

      Well-maintained office suite with private offices and 24-hour access.
      1178-1182 Teaneck Rd, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space with ample parking and easy access.
      865 Teaneck Rd, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Teaneck Retail/Office Flex Space

      Flex space suitable for retail or professional practice.
      961 Teaneck Rd, Teaneck, NJ 07666
      View Details
    • Contact for pricing

      Teaneck Office Spaces For Rent

      Office spaces available in Teaneck, ranging from 935-1600 sqft.
      111 Galway Pl, Teaneck, NJ 07666
      View Details
    • Contact for pricing
      900 SF

      Teaneck Restaurant Space Available

      Newly renovated, fully functioning restaurant space in Teaneck, NJ.
      190 W Englewood Ave, Teaneck, NJ 07666
      View Details
    Request Owner's contact information
    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.
    206 Englewood Ave
    Teaneck, NJ 07666
    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
    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

    Thank You for Inquiry
    206 Englewood Ave, Teaneck, NJ, 07666
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!