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179 S Maple Ave
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179 S Maple Ave
6,000 SF 100% Leased Office Building Ridgewood, NJ 07450 £2,107,524 (£351/SF) 5.42% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Close Proximity to Retail District
- Ample Parking
- Natural Light from large windows
EXECUTIVE SUMMARY
Discover a well-maintained, professional office building in the heart of Ridgewood, New Jersey, offering approximately 6,000 square feet of versatile, usable office space. Perfectly suited for a range of professional uses, this property provides the convenience and accessibility your business needs, along with 17 dedicated parking spaces a rare and valuable amenity in this sought-after area. This office building's well-kept interiors and efficient layout offer a turnkey opportunity for businesses seeking a reputable address in Ridgewood's thriving business community.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
1972
Price
£2,107,524
Price Per SF
£351
Net Initial Yield
5.42%
NOI
£114,170
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
2,000 SF
Building FAR
0.60
Lot Size
0.23 AC
Zoning
R-4 - R-4 Zone
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Route
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- Recessed Lighting
- Suspended Ceilings
- Wi-Fi
- Air Conditioning
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Walk Score®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 51-04007-0000-00025 | Improvements Assessment | £575,553 |
Land Assessment | £313,186 | Total Assessment | £888,739 |
PROPERTY TAXES
Parcel Number
51-04007-0000-00025
Land Assessment
£313,186
Improvements Assessment
£575,553
Total Assessment
£888,739
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179 S Maple Ave
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