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90 Prospect Ave - The Frontenac
3,813 SF Medical Unit Offered at £524,491 in Hackensack, NJ 07601
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | £524,491 | Building Class | B |
| Unit Size | 3,813 SF | Number of Floors | 11 |
| No. Units | 1 | Typical Floor Size | 10,000 SF |
| Total Building Size | 125,000 SF | Year Built | 2004 |
| Property Type | Multifamily (Unit) | Lot Size | 2.13 AC |
| Property Subtype | Apartment | Parking Ratio | 0.19/1,000 SF |
| Sale Type | Investment |
| Price | £524,491 |
| Unit Size | 3,813 SF |
| No. Units | 1 |
| Total Building Size | 125,000 SF |
| Property Type | Multifamily (Unit) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 11 |
| Typical Floor Size | 10,000 SF |
| Year Built | 2004 |
| Lot Size | 2.13 AC |
| Parking Ratio | 0.19/1,000 SF |
1 UNIT AVAILABLE
Unit EFG
| Unit Size | 3,813 SF | Sale Type | Investment |
| Price | £524,491 | Net Initial Yield | 8.13% |
| Price Per SF | £137.55 | NOI | £42,641.10 |
| Unit Use | Medical | No. Parking Spaces | 15 |
| Unit Size | 3,813 SF |
| Price | £524,491 |
| Price Per SF | £137.55 |
| Unit Use | Medical |
| Sale Type | Investment |
| Net Initial Yield | 8.13% |
| NOI | £42,641.10 |
| No. Parking Spaces | 15 |
DESCRIPTION
- Units EFG for sale
- Occupied by 1 pediatric tenant
- Recently resigned for 3 more years
- 8.03% current cap rate
- Total of 15 parking spaces for this unit
- Units located on ground floor
- Right across the street from Hackensack University Medical Center
- Close to Rt 80, and numerous amenities.
Approx 3813 sqft among the 3 units
SALE NOTES
Discover the potential of Units EFG at 90 Prospect Ave, Hackensack. Currently occupied by a pediatric tenant who recently resigned for an additional 3 years, these ground-floor units offer approximately 3,813 sqft of prime medical space. With a current cap rate of 8.03% and a total of 15 dedicated parking spaces, this turn-key investment promises both stability and convenience. Located directly across the street from Hackensack University Medical Center and close to Rt 80 and numerous amenities, these units are ideally situated for medical professionals. Don't miss this opportunity to enhance your portfolio with these strategically positioned medical condos.
ZONING
| Zoning Code | M-O |
| M-O |
Presented by
90 Prospect Ave - The Frontenac
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