17 Mercer Street, Hackensack NJ 07601 (Off Market)

For Sale, USD 2,999,000


17 Mercer Street, Hackensack NJ 07601,

Property Type : Commercial

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Prime Development Opportunity in Hackensack!! This approved, shovel-ready project offers a rare chance to invest in a fully entitled 6-story building totaling 35,060 sq ft. Approvals are ready to be handed over along with construction documents, Benefit from a 5-year hold strategy with a projected 18%+ IRR and a 1.90x targeted equity multiple. The site also qualifies for a tax abatement and offers cost segregation benefits. A local, experienced property management team is in place to ensure smooth operations upon completion. Located in a rapidly growing market with strong demand for new development, this is a turn-key opportunity for investors seeking scale, efficiency, and high yield in one of Bergen County s most active urban centers.
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17 Mercer Street, Hackensack NJ 07601, United States,New Jersey,Hackensack is a Hackensack luxury Commercial listed for sale USD 2,999,000. This high end Hackensack Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Hackensack or search for luxury properties for sale in Hackensack.