Mixed Use Newark
Investment Highlights
Downtown Newark NJ 60ksqFt mixed use 16 floors in qualified OZ on intersection with 72k VPD. 4 commercial downstairs 2 occupied 2 vacant. Upstairs 15 floors FULLY vacant needs gut renovation normal sale price reduced $4.5m / $69psft
Location
📍 Newark
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Who finances deals like this
The lenders with the most recorded mixed use mortgages since 2021, from public ACRIS filings.
- Velocity Commercial Capital, LLC — 146 loans, typically $413K–$850K
- Emigrant Funding Corporation — 144 loans, typically $350K–$853K
- Habib American Bank — 137 loans, typically $380K–$870K
- Connectone Bank — 103 loans, typically $426K–$1.17M
- Flushing Bank — 238 loans, typically $201K–$638K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
