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US
NJ
Hackensack
07601
07601
W75° 57' 24.7''
N40° 53' 1.3''
Contact Info
Vincent A. Stanson
1084229
Property Description
INVESTMENT PROJECT TO BE BUILD BY SELLER!! Estimated to be done by end of 2026. This project offers a rare chance to invest in a fully entitled 6-story building totaling 35,060 sq ft. Benefit from a 5-year hold strategy with a projected 18% IRR and a 1.90x targeted equity multiple. The building also qualifies for a tax abatement and offers cost segregation benefits. This one of a kind investment is located in a rapidly growing market with strong demand for new development, this is a cant miss opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County s most active urban centers.
17 Mercer Street
Hackensack, New Jersey 07601, United States
$10,999,000
Listing ID#230999
Basic Details
Property Type : Commercial
Listing Type : Active
Listing ID : 230999
Ref ID : 420332405
Price : $10,999,000
MLS : 25037573
Office ID : NJ310-001
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