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Commercial Sale For Sale

473 Grand Avenue, Leonia, NJ 07605

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Property Description

Looking for a fully occupied Bergen County six-family with documented rent upside? 473 Grand Avenue, Leonia. Legal six-unit multi-family: five 2BR/1BA and one 1BR/1BA. 100 percent occupied, zero vacancies. Three-story brick, built 1964. Block 510 Lot 1, 9,043 square foot lot, 76 x 119. Approximate gross annual rent $104,826. Approximate 2025 operating expenses $40,120. Income and expense figures are owner-provided to the best of ownership’s knowledge and are subject to buyer verification during due diligence. Holds a current NJ Department of Community Affairs state inspection certificate. Recent capital: central fire sprinkler and monitored wireless alarm 2025, exterior stucco masonry November 2025, new hot water heater January 2026, new blacktop parking area. Three of six kitchens updated. Windows replaced over the years. Six rear parking spaces, one per apartment, included in rent. Tenants separately metered for electric and cooking gas. Owner pays water, sewer, heat, hot water and common lighting. Comparable renovated two-bedroom units on Grand Avenue leased between $2,400 and $2,750 in 2026. Three original kitchens and a below-market superintendent unit are documented repositioning opportunity.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26036282
Price:
$1,699,000
Year Built:
1960's
Status:
Active
Office Name:
Keller Williams City Views Realty
Agent Name:
Scott
Roof:
O/See Rmrks
Features
Architectural Style:
5+Family
Address Map
Country:
US
State:
NJ
County:
BERGEN
City:
Leonia
Zipcode:
07605
Street:
Grand
Street Number:
473
Street Suffix:
Avenue
Longitude:
W74° 0' 40.5''
Latitude:
N40° 52' 3.6''
Additional Information
On Market Date:
2026-09-23
Financial
Tax Annual Amount:
26955
Listing Information
List Agent Mls Id:
1847
List Office Mls Id:
2800
Mls Status:
Active
Modification Timestamp:
2026-09-24T00:50:54Z
Originating System Name:
njmls
Status Change Timestamp:
2026-09-23
Commercial Sale For Sale
Listing ID:
26036282
$1,699,000
Agent info
Contact Agent

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