About 17 Mercer Street
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.
Features of 17 Mercer Street
| MLS® # | 25025288 |
|---|---|
| Price | $10,999,000 |
| Bathrooms | 0.00 |
| Type | Commercial Sale/Lease |
| Sub-Type | Industrial |
| Style | Other |
| Status | Active |
Community Information
| Address | 17 Mercer Street |
|---|---|
| City | Hackensack |
| County | BERGEN |
| State | NJ |
| Zip Code | 07601 |
Amenities
| Utilities | See Remarks |
|---|---|
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central, Other, See Remarks |
|---|---|
| Cooling | Central Air, Other |
| Fireplace | No |
| Has Basement | No |
Additional Information
| Date Listed | July 30th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Vincent Stanson |
|---|---|
| Office | Berkshire Hathaway Home Services Abbott Realtors |