Mixed use two units with commercial space. Mega Blockbuster 10 year Lease (5 + 5) recently signed for the fully renovated commercial space paying $2500/month + 3.5% annual rent increases. Store also pays 33% of entire building's water and utilities + 33% of Real Estate Tax increases. Apt 2: $1900/month. Apt 1: $900/month (HUGE VALUE ADD OPPORTUNITY). This is the ultimate in Location! Location!!. Top-notch location in a fast growing real estate market. One short block away from the popular Boulevard East with stunning unobstructed New York City views. Just buy, hold, and build tremendous equity while collecting magnificent rents! Store and Apt 2 completely renovated. Located directly across the street from both the massive West New York municipal parking lot & the 2500 student & faculty Memorial High School which allows for incredible ease of renting the apartments & commercial space for top $$$.
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