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560 55Th St West New York, NJ 07093

Industrial properties Google Maps
30,840 SF 0.39 ac lot Built 1920
Entity Owned 3-yr Hold ~ Est. High Equity
560 55Th St, West New York, NJ 07093 For Sale
Contact for pricing 30,840 SF
560 55Th St, West New York, NJ 07093
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Estimated value (blended)
$3.72M
Range $3.35M – $4.09M (±10%)
Property ID US59-1346623

Property summary

AI-generated overview

This exceptional 30,000 square foot multi-tenant property at 560 55th Street in West New York, New Jersey (zip code 07093), offers a unique blend of office and industrial space. Currently, 5,000 square feet is available for lease. The building boasts a variety of uses, including flex space, warehouse, traditional office, and creative office space, making it ideal for a diverse range of businesses. The property features one loading dock and one drive-in door, ensuring efficient loading and unloading. Power is supplied by a 200-amp service. An elevator is available for convenient access to all floors. The building's high ceilings (14 feet) and abundant natural light create a bright and inviting atmosphere. Its location in Hudson County provides easy access to major highways, making it a highly desirable location for businesses needing convenient transportation links. The available space is perfect for a variety of commercial uses, including but not limited to food businesses, contractors, online retailers, dance studios, art galleries, sign makers, print shops, and artist studios. This property presents a fantastic opportunity for businesses seeking a versatile and well-located space in a thriving area of New Jersey.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction BRICK
Total area 30,840 SF
Lot 0.39 ac (16,800 SF)
APN 12 00118-0000-00003
UPID US59-1346623

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
  • Clothing & Fashion Store
  • Corporate Office
  • Hardware & Home Improvement Home Decor Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Weight Loss Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.06M
Blend (final) Blend
$3.72M

Owner & transaction history

since 2023
Last sale
$3.1M
5 recorded transactions
2023
$2.8M
2020
Price N/A
2020
$3.1M
2015
Price N/A
1969
Price N/A

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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More about this property
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