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8,546 SF Professional Office Medical Building 24 Wyckoff Ave 8,546 SF Office Building Waldwick, NJ 07463 $2,319,207 CAD ($271.38 CAD/SF) 7.61% Cap Rate
Investment Highlights
- 8,546 SF building | Almost 1 Acre Lot Size
- Zoned C-1 with 35+ Parking Spaces
- Taxes: $24,593
- Built in 1975; Renovated in 2016
- Proforma Cap Rate: 6.81%
- All Brick | Two Story | Free Standing Office Building
Executive Summary
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$252,424
|
$29.54
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,621
|
$1.48
|
| Effective Gross Income |
$239,803
|
$28.06
|
| Taxes |
$33,551
|
$3.93
|
| Operating Expenses |
$29,810
|
$3.49
|
| Total Expenses |
$63,361
|
$7.41
|
| Net Operating Income |
$176,443
|
$20.65
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $252,424 |
| Annual Per SF | $29.54 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $12,621 |
| Annual Per SF | $1.48 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $239,803 |
| Annual Per SF | $28.06 |
| Taxes (CAD) | |
|---|---|
| Annual | $33,551 |
| Annual Per SF | $3.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $29,810 |
| Annual Per SF | $3.49 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $63,361 |
| Annual Per SF | $7.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $176,443 |
| Annual Per SF | $20.65 |
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signage
- Wheelchair Accessible
- Storage Space
- Basement
- Central Heating
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Av Planners
- Arts, Entertainment, and Recreation
- -
- -
- -
- BTC Transport Systems Inc
- Transportation and Warehousing
- -
- -
- -
- Joes Seaside Market Inc
- Retailer
- -
- -
- -
- Kim Kathlyn M Cpa Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Nyah Beauty
- Services
- -
- -
- -
- Rob's Duct Cleaning
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Av Planners | Arts, Entertainment, and Recreation | - | - | - | ||
| BTC Transport Systems Inc | Transportation and Warehousing | - | - | - | ||
| Joes Seaside Market Inc | Retailer | - | - | - | ||
| Kim Kathlyn M Cpa Llc | Professional, Scientific, and Technical Services | - | - | - | ||
| Nyah Beauty | Services | - | - | - | ||
| Rob's Duct Cleaning | Construction | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Unit 1: Professional space for basic office usage (231 SF) - $30psf = $6,930 year or $577.50 month Unit 2: Medical Office (793 SF) - $30/psf = $23,790/year or $1,982.50/month Unit 3: Medical Office (1,393 SF) - $20/psf = $27,860 year or $2,322 month Unit 4 and Unit 10: Professional space for basic office usage (490 SF Total) - $30/psf = $14,700/year or $1,225/month Unit 5: Medical Office (503 SF) - $30/psf = $15,090/year or $1,257.50/month Unit 6: Medical Office (849 SF) - $30/psf = $25,470/year or $2,122.50/month Unit 7: OCCUPIED (428 SF) Unit 8 Ground Floor: OCCUPIED (1,753) SF) Unit 9: Professional space for basic office usage (239 SF) - $30/psf = $7,170/year or $597.50/month Unit 11: OCCUPIED (185 SF) Unit 12: Medical Office (657 SF) - $30/psf = $19,710/year or $1,642.50
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 230-1,400 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 230-1,400 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 230-1,400 SF |
| Space Use | Office/Medical |
| Build-Out | - |
| Available | Now |
Unit 1: Professional space for basic office usage (231 SF) - $30psf = $6,930 year or $577.50 month Unit 2: Medical Office (793 SF) - $30/psf = $23,790/year or $1,982.50/month Unit 3: Medical Office (1,393 SF) - $20/psf = $27,860 year or $2,322 month Unit 4 and Unit 10: Professional space for basic office usage (490 SF Total) - $30/psf = $14,700/year or $1,225/month Unit 5: Medical Office (503 SF) - $30/psf = $15,090/year or $1,257.50/month Unit 6: Medical Office (849 SF) - $30/psf = $25,470/year or $2,122.50/month Unit 7: OCCUPIED (428 SF) Unit 8 Ground Floor: OCCUPIED (1,753) SF) Unit 9: Professional space for basic office usage (239 SF) - $30/psf = $7,170/year or $597.50/month Unit 11: OCCUPIED (185 SF) Unit 12: Medical Office (657 SF) - $30/psf = $19,710/year or $1,642.50
Property Taxes
| Parcel Number | 64-00110-0000-00006 | Total Assessment | $1,515,398 CAD |
| Land Assessment | $1,066,154 CAD | Annual Taxes | $33,551 CAD ($3.93 CAD/SF) |
| Improvements Assessment | $449,244 CAD | Tax Year | 2025 |
Property Taxes
Presented by
8,546 SF Professional Office Medical Building | 24 Wyckoff Ave
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