3417 Park Ave, Weehawken
Retail | 4,497 SqFt
Marketing description
This offering presents a unique opportunity to acquire a standalone, single-tenant restaurant property in the highly desirable Hudson Waterfront submarket of Weehawken, New Jersey. The property is strategically located in a CBD setting with excellent visibility, strong pedestrian activity, and direct access to Manhattan.
The building totals approximately 4,497 SF on a 0.06-acre lot and features classic masonry construction originally built in 1910. Positioned along Park Avenue, the asset benefits from outstanding walkability, proximity to public transportation, and convenient access to major commuter routes serving Northern New Jersey and New York City.
The surrounding trade area is supported by dense residential neighborhoods, a strong daytime employment base, and resilient retail demand. With 0.0% vacancy at the subject property and continued leasing and sales activity in the submarket, this asset offers investors long-term stability and value preservation in a supply-constrained waterfront location.
Investment highlights
- Prime Hudson Waterfront Location
- Highly sought-after Weehawken waterfront submarket with direct Manhattan connectivity.
- Single-Tenant, Standalone Restaurant
- Simplified ownership and operational efficiency.
- Strong Market Fundamentals
- 0.0% vacancy at the property and low overall submarket vacancy.
- Excellent Walkability & Transit Access
- Liquor License Included
- Walker’s Paradise (97) and Rider’s Paradise (91) with access to bus lines, ferry service, and commuter rail.
- Dense & Affluent Trade Area
- Over 83,000 residents within 1 mile and 730,000+ within 3 miles.
- Urban Infill Asset with Proven Value
- Limited land supply and CBD zoning support long-term value and exit liquidity.
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