This commercial property at 217 Stuyvesant Ave in Lyndhurst, NJ 07071 presents a significant opportunity for developers. Situated in a developing and transit-oriented area, the location is poised for growth and offers considerable potential for future development. The property is being offered strictly on an as-is basis, with buyers encouraged to conduct their own thorough due diligence regarding square footage and lot lines.
A key advantage of this offering is its strategic positioning. The property is located just two blocks from a newly constructed train station, providing excellent commuter accessibility and enhancing its appeal for residential or mixed-use projects. This proximity to robust public transportation infrastructure is a notable feature for any development aiming to capitalize on convenient transit options.
Further enhancing the neighborhood's appeal and the property's long-term value potential is its close proximity to a beautiful municipal park. This amenity contributes to the quality of life in the area and can be a significant draw for future residents or commercial tenants. The property is situated within an improving corridor that has benefited from recent public and infrastructure investments, indicating a positive trajectory for the submarket.
Phase 1 environmental assessments have been completed, providing an initial layer of information for prospective developers. This commercial investment property is categorized for its investment potential, offering attractive upside for developers looking for a value-add opportunity or the chance for ground-up development in an emerging market. The property's prime location and the ongoing improvements in the surrounding area make it a compelling prospect for those seeking to capitalize on future growth.

eXp Realty

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