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Listed by:

Christie’s International Real Estate

Event Space – Fully Equipped & Ready For Sale

Tenafly, New Jersey, US
Asking Price:
$3,100,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Event Space for Sale – Fully Equipped & Ready for Immediate Operation

Versatile Space for Weddings, Corporate Events, and Private Parties

This is a unique opportunity for an investor to acquire a stable asset in a prime location,
with little to no management responsibilities, offering an income stream that will
surely go up significantly in the coming years as this Downtown area sees tremendous
improvement and development. TREMENDOUS AMOUNT OF VALUE-ADD OPPORTUNITY, WITH A POTENTIAL MAJOR REDEVELOPMENT ACROSS THE STREET AND TENANTS PAYING WELL BELOW MARKET RATE.

Property Information

Location:

Tenafly, NJ (Bergen County)

Premises Details:

EXCELLENT DEMOGRAPHICS Located within the highly sought after corridor that is Northern Bergen County, the site is surrounded by an extremely affluent population base. Within a one-mile radius, more than 65% of the household income is over six figures. (The 2024 average household income in the immediate area exceeded $185,000 with more than 70% of employed residents working “White Collar” professional jobs.) Finance, Education, Health Care, and Sales were of the top occupational fields within a one, three and five mile proximity.

Situated within one of the most sought-after areas of the State, affluent Bergen County, presents a potential investor or owner/user a superior location. It is within close proximity to the vast array of amenities Bergen County has to offer such as high-end luxury shopping, world-class hospital facilities, parks, and renowned restaurants.

Size in square feet:
12,545