Commercial space For Lease in Fort Lee, NJ
MLS# : 26004282
PROPERTY DETAILS
PROPERTY DESCRIPTION
Key money investment with current tenants running a hair salon with a lash lab using a portion of the space. Great opportunity to take over the lease and have minimal lease payments with subtenants in place. Rare opportunity to acquire a cash-flowing, key money investment with an established business already in place. The property is currently occupied by a primary tenant with multiple subtenants, creating a built-in income structure that helps offset rent and operating expenses. This setup offers minimal out-of-pocket rent payments, making it an ideal option for investors seeking lower risk, immediate cash flow, and reduced vacancy exposure. With existing occupancy and sublease agreements, this is a takeover-ready investment that allows a new owner to step in without the challenges of lease-up or business startup.
Amenities
This listing is a courtesy of Proper Estates, Inc.
201-242-9000 office, listing agent Brian S. Kim
About Fort Lee, NJ Real Estate Market
It is a great place to live and work with many restaurants, shops and options for a convenient lifestyle.
| Population: | 39,642 |
| Total Housing Units: | 17,315 |
| Single Family Homes: | 5,230 |
| General Tax Rate (2023): | 2.474% |
| Effective Tax Rate (2023): | 1.810% |
| Compare To Other Towns |
Fort Lee Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,174,407 |
| Homes Sold* (12mo): | 58 |
SINGLE FAMILY HOME SALES
Fort Lee, NJ
PRICE INDEX
| Average Price* (12mo): | $646,534 |
| Apatments Sold* (12mo): | 262 |
APARTMENT SALES
Fort Lee, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.474% |
| Effective Tax Rate (2023): | 1.810% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $899,000 - 4,499,999 | 5 |
| Condos : | $294,000 - 2,888,000 | 37 |
| Co-ops : | $1,350 - 950,000 | 86 |
| Twnhs : | $749,000 - 1,699,000 | 5 |
| 2-4 Fam : | $1,750,000 - 1,800,000 | 2 |
| 5+ Fam : | - | |
| Land : | $399,000 - 3,000,888 | 3 |
| Rentals : | $1,350 - 13,500 | 170 |
| Mixd Use : | $1,650,000 - 4,400,000 | 2 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $50,000 - 888,000 | 8 |
