16 Jefferson St 3,532 SF 38% Leased Office Building Hackensack, NJ 07601 £836,964 (£236.97/SF) 5.20% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Great located Mixed used building

EXECUTIVE SUMMARY

Don't miss this amazing property between Rt.4 and Main St. Easy access to transportation to commute to NYC. Train and bus within walking distance. Now condo complex is under construction as re-development area. This medical building features two floors for the current owner(Acupuncture) about 1,300 SF on 1st floor and studio rooms(900SF)for the last tenant was for Music studio on ground floor. Building also include 2 one-bedroom units on the upper floor(each about 600sqft) lofted high ceilings, sky lights, bedroom, living room, kitchen and bath. 2 Offices and each one-bedroom is on its own meters. Please do not walk through the property without any appointment.

ATTACHMENTS

Floor plan

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Portfolio Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,532 SF
Building Class
A
Year Built/Renovated
1980/2012
Price
£836,964
Price Per SF
£236.97
Net Initial Yield
5.20%
NOI
£43,522
Percent Leased
38%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,766 SF
Building FAR
0.48
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
R-3B - Mixed use
Parking
10 Spaces (2.83 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,300 SF
  • Office/Medical
  • Full Build-Out
  • 30 Days

Don't miss this amazing property between Rt.4 and Main St. Easy access to transportation to commute to NYC. Train and bus within walking distance. Now condo complex is under construction as re-development area. This medical building features two floors for the current owner(Acupuncture) about 1,400 SF on 1st floor and studio rooms(900SF)for the last tenant was for Music studio on ground floor. Building also include 2 one-bedroom units on the upper floor(each about 600sqft) lofted high ceilings, sky lights, bedroom, living room, kitchen and bath. 2 Offices and 2 one-bedroom are on its own meters. Please do not walk through the property without any appointment.

  • 1st Fl-Ste Ground
  • 900 SF
  • Office
  • Full Build-Out
  • 30 Days

Don't miss this nice professional office like CPA,Dental lab.,Lawyer etc. at a great location . 3 rooms and 1 rest room in the hub of Bergen county . Close to Rt.4,80,17. Walking distance to train station or bus stop in front of this building. Newly renovated floors with new windows,siding and roofing. It was used as a chiropractic office.8 parking places.

Space Size Space Use Condition Available
1st Floor 1,300 SF Office/Medical Full Build-Out 30 Days
1st Fl-Ste Ground 900 SF Office Full Build-Out 30 Days

1st Floor

Size
1,300 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
30 Days

1st Fl-Ste Ground

Size
900 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days
Walk Score®
Very Walkable (73)

PROPERTY TAXES

  • Listing ID: 26909444

  • Date on Market: 21/10/2022

  • Last Updated:

  • Address: 16 Jefferson St, Hackensack, NJ 07601