17 Mercer Street, HACKENSACK NJ 07601

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Property Highlights
 Price: $10,999,000
 MLS Number: 25037573
 Address: 17 Mercer Street
 Location: HACKENSACK, NJ, Bergen County
 Type: COMML/BUS/5+FAM/MIXED USE
 Zoning:
 Taxes: $34,548
 Remarks:

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.
Additional Options
Property Features
 Year Built: 2025
 Heating/Cooling Type: Central Air,Other/See Remarks,Other Fuel Source/Se
 Fireplaces:
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Listing Agent: Vincent Stanson

Listing Broker: Berkshire Hathaway Home Services Abbott Realtors , 201-891-2223

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