NJ > Hackensack
Hackensack, NJ 07601,17 Mercer ST
Hackensack, NJ 07601,17 Mercer ST
Hackensack, NJ 07601,17 Mercer ST
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Listed by Vincent Stanson Berkshire Hathaway Home Services Abbott Realtors
$10,999,000
Est. payment /mo
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17 Mercer ST Hackensack, NJ 07601

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Chris Fleming

Chris Fleming

+1(908) 283-0602

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25025288

Style Industrial

Property Sub-Type Industrial

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 can't miss opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County’s most active urban centers.

Location

State NJ

County Bergen

Interior

Heating Central Air, Other/See Remarks, Other Fuel Source/See Rmk

New Jersey MLS (NJMLS)

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Chris Fleming

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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