16 Humphrey St, Englewood, NJ 07631

$3,450,000

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List Price
$3,450,000
Status
ACTIVE
Days on Market
42
MLS#
26028782
Subtype
Commercial Sale/Lease
Neighborhood
100

Property Description

Rare opportunity to own properties and established biz. together. A small family-operated business has grown into a highly respected and well-established food business serving both wholesale and retail customers throughout the New York and New Jersey markets. The sale includes properties(3 lots) : 16 Humphrey St is a Dumpling Factory(food processing) and retail take out, and 18 Humphrey St is a single family house , and 22 Humphrey St is grandfathered 2 family houses. 3 Lots consist of a total 15,950 sf. ( Detail information is available upon request by singing NDA). Also this properties are a perfect candidate for redevelopment with the zoning -- Current zoning of this property is under the D-1b (Downtown district - Business/Commercial Mixed Use) zoning designation. The area immediately surrounding Humphrey St, Bennet St, and Armory sits in Englewood's downtown commercial core. It is zoned for multi-use, supporting commercial business, mixed use residential developments, and high-density neighborhood options. Moreover, this property is in Overlay zone which can provide additional benefits such as density bonuses which can include ground floor retail and residential apartment above and expanding permitted uses. This lots are facing the well known apartment complex -- Brownstone on Palisade Ave.

Additional Information

Taxes
$37,112
Heating
Hot Air, Other

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Listing courtesy of Listing Agent: Hong Z. Lee () from Listing Office: C Land Realty Co..

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