229 61St StWest New York, NJ 07093

  • Other commercial real estate
  • 5,194 SF
For Lease

Property Details for 229 61St St

Year built
1925
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
5,194 SF
Property type
Other commercial real estate
APN
12 00047-0000-00016
APU
1200047000000016

Description

This exceptional West New York commercial property, located at 229 61st St, 07093, offers 3,800 square feet of versatile space ideal for a bar, restaurant, or lounge. The main floor boasts 1,900 square feet of open, adaptable space with high ceilings, perfect for a welcoming dining area or bar. A similarly sized basement (1,900 sq ft) provides ample storage, potential for a prep kitchen, or even an exclusive lower-level dining area. Parking is a significant advantage, with four garage spaces and four outdoor spots included – a rare find in this area. Conveniently situated near major highways and public transportation, this property ensures easy accessibility for customers. The bustling neighborhood offers a diverse demographic, promising a steady stream of potential patrons. The flexible layout and dual-level design cater to various business models, making this a fantastic opportunity to establish a thriving enterprise in a prime West New York location. The property is a single-tenant space, offering complete control and customization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $982,908
    Hospitality
    $900,338
    Educational
    $749,071
    Medical
    $774,833
    Retail
    $1,165,222
229 61St St, West New York, New Jersey

Location Insight

City
West New York
County
Hudson
State
New Jersey
Latitude
40.7881
Longitude
-74.0113
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$25,421
$125,000
$202,500
$327,500
-
$125,000
$202,500
$327,500

FAQs

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