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Property profile

227 1St St Ho Ho Kus, NJ 07423

Commercial real estate
Property ID
US59-1387656
View Sample
0.14 ac lot
Individually Owned Absentee Owner Free & Clear
227 1St St, Ho Ho Kus, NJ 07423 For Lease
Contact for pricing 600 SF available
227 1St St, Ho Ho Kus, NJ 07423
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Property summary

AI-generated overview

This exceptional 600-square-foot retail space is ideally situated at 227 1st Street in the charming borough of Ho-Ho-Kus, New Jersey, within Bergen County. The property offers a single-tenant occupancy, providing a unique opportunity for a business seeking a prominent location in a thriving community. The entire 600 square feet is currently vacant, presenting a blank canvas for a prospective tenant to customize and design their ideal retail environment. The address, 227 1st Street, ensures high visibility and accessibility for customers. Located in Bergen County, the property benefits from a strong local economy and a desirable demographic profile. The zip code is 07423. This property is perfect for a variety of retail uses, offering a chance to establish a successful business in a highly sought-after area. The single-tenant setup provides flexibility and control, allowing for a tailored space to meet specific business needs. The property's location in Ho-Ho-Kus offers a blend of convenience and community appeal, attracting both local residents and visitors. This presents a rare opportunity to secure a prime retail space in a highly desirable location. The property's size is ideal for a boutique store, a specialty shop, or a service-based business. The vacant status allows for immediate occupancy and customization to suit the tenant's specific requirements. This is a turnkey opportunity to establish a thriving business in a vibrant and affluent community. The property's location in Bergen County, New Jersey, offers excellent access to major transportation routes and a strong local market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.14 ac (6,251 SF)
Zoning code GB
APN 28 01016-0000-00009
UPID US59-1387656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Hardware & Home Improvement Construction Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

Zoning & alternative use

GB · Ho Ho Kus, NJ
Zoning description

Where a property in the OL-1, OL-2, or OL-3 Zone is to be developed with a multifamily inclusionary residential use and the underlying zone is GB General Business, residential uses are restricted to the upper stories of…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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