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    FOR SALE
    Retail space

    154 Eastern Pkwy, Irvington, NJ 07111

    37,804 SF Built 9999
    Property ID
    US59-1182341
    Property summary
    AI-generated overview

    UNLOCK THE POTENTIAL: HIGH-TRAFFIC IRVINGTON DEVELOPMENT SITE Developers and investors this is your rare opportunity to acquire nearly an acre (.97 acres) of strategically located, 4-A zoned real estate in the heart of Irvington. This site offers a strong foundation for residential, mixed-use, or entertainment redevelopment, and comes package-ready with bonus licensing opportunities. Currently operating as a lounge and entertainment venue, this versatile 13,900 SF building sits on a 37,804 SF lot with 100 dedicated parking spaces, making it ideal for high-traffic concepts. The structure also includes an additional 5,000 SF of underutilized storage/function space, prime for conversion into rentable area or expanded use. 4A Zoned Potential for multifamily, mixed-use, religious, event, or commercial development 37,804 SF Lot Flat, accessible, and well-located for redevelopment, 13,900 SF of Active Use 5,000 100 Parking Spaces Minutes from Garden State Parkway High visibility commuter convenience BONUS VALUE: LICENSE PACKAGE AVAILABLE (At Additional Cost) This is a bundle package 4 lots and one 2 family building consiting of, 154 Eastern Pkwy,411-421 16th Ave,405 16th Ave, and 403 16th Ave.

    Property profile
    Verified
    Property type Retail space
    Year built 9999
    Total area 37,804 SF
    UPID US59-1182341
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cricket Club Entertainment Complex Wedding Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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