199 Market Street
Elmwood Park, NJ 07407

Large 3800 sq feet building w/ 3 rentals on 75 x 100 prop. First flr: deli/catering includes full bsmnt for strg, deli tenant has lease until 9/1/2024, rent now is $1800, 9/1/21 - 9/1/24 rent will be $2,000/mo. Plus 5 yr option: yr 1 & 2 $2,200/ mo, yr 3,4,5 $2400 /mo. (rents are below market value), deli owner owns all fixtures and equipment in deli. Parking for up to 10 cars. 2nd flr: 6 room apt, 3 br's, lr, kit, den, & bath, rent is $1816.00 /mo m/m lease. 3rd flr: 3 room, 1 br apt rent is $1139.00 / mo m/m lease. Both apts are below market value. Both apts pay their own cooking gas and electric - seller pays their oil heat and hot water. Oil tank is in bsmnt. Deli pays all their own utilities and has gas hot air heat - seller and deli tenant split water bill 50/50 (total bill is approx $200-$250 qtrly). Insurance $1400/quarter. Also listed under multi family see MLS # 21012453