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224 Smith St

57,684 SF 100% Leased Industrial Building Perth Amboy, NJ 08861 £6,998,569 (£121/SF) 6.03% Net Initial Yield

EXECUTIVE SUMMARY

Prime investment property for sale with 6.25% cap rate

ATTACHMENTS

Executive Summary

PROPERTY FACTS

Price £6,998,569 Lot Size 0.31 AC
Price Per SF £121 Rentable Building Area 57,684 SF
Sale Type Investment Number of Floors 5
Net Initial Yield 6.03% Year Built 1929
Property Type Industrial Clear Ceiling Height 12 ft
Property Subtype Warehouse No. Dock-High Doors/Loading 1
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £6,998,569
Price Per SF £121
Sale Type Investment
Net Initial Yield 6.03%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.31 AC
Rentable Building Area 57,684 SF
Number of Floors 5
Year Built 1929
Clear Ceiling Height 12 ft
No. Dock-High Doors/Loading 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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Walker's Paradise (92)
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PROPERTY TAXES

Parcel Number 16-00121-0000-00007 Improvements Assessment £914,586
Land Assessment £364,880 Total Assessment £1,279,466

PROPERTY TAXES

Parcel Number
16-00121-0000-00007
Land Assessment
£364,880
Improvements Assessment
£914,586
Total Assessment
£1,279,466

ZONING

Zoning Code C2, Perth Amboy (Central Business)
C2, Perth Amboy (Central Business)
(201) 742-6167

CONTACTS

  • Listing ID: 33364452

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: 224 Smith St, Perth Amboy, NJ 08861

The Industrial Property at 224 Smith St, Perth Amboy, NJ 08861 is currently available for sale. Contact Marcus & Millichap for more information.

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224 Smith St
(201) 742-6167 x

224 Smith St

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Scott Geller

(201) 742-6167

(201) 742-6167

Matt De Villa Panganiban

(347) 344-8373

(347) 344-8373

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