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8,546 SF Professional Office Medical Building 24 Wyckoff Ave 8,546 SF Office Building Waldwick, NJ 07463 $2,363,458 CAD ($276.56 CAD/SF) 7.61% Cap Rate
Investment Highlights
- 8,546 SF building | Almost 1 Acre Lot Size
- Zoned C-1 with 35+ Parking Spaces
- All Brick | Two Story | Free Standing Office Building
- Built in 1975; Renovated in 2016
- Taxes: $24,593
Executive Summary
Introducing an exceptional investment opportunity at 24 Wyckoff Ave, Waldwick, NJ. This impressive 8,546 SF building, comprised of 11 units, presents a rare chance to acquire a fully occupied office property. Built in 1975 and thoughtfully renovated in 2016, this prime space is zoned C1 and perfectly positioned in Northern New Jersey.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$257,240
|
$30.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,861
|
$1.50
|
| Effective Gross Income |
$244,379
|
$28.60
|
| Taxes |
$34,191
|
$4.00
|
| Operating Expenses |
$30,379
|
$3.55
|
| Total Expenses |
$64,570
|
$7.56
|
| Net Operating Income |
$179,809
|
$21.04
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $257,240 |
| Annual Per SF | $30.10 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $12,861 |
| Annual Per SF | $1.50 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $244,379 |
| Annual Per SF | $28.60 |
| Taxes (CAD) | |
|---|---|
| Annual | $34,191 |
| Annual Per SF | $4.00 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $30,379 |
| Annual Per SF | $3.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $64,570 |
| Annual Per SF | $7.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $179,809 |
| Annual Per SF | $21.04 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,546 SF
Building Class
B
Year Built/Renovated
1975/1987
Price
$2,363,458 CAD
Price Per SF
$276.56 CAD
Cap Rate
7.61%
NOI
$179,809 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,849 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
0.88 AC
Zoning
C-1 - C-1 zoning allows for office, medical office, retail, schools and day cares along with service providers.
Parking
44 Spaces (5.15 Spaces per 1,000 SF Leased)
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
Largest available suite in the building at 1,393 SF. The space includes a welcoming reception/waiting area right at the entrance, a separate reception office with a service window, a kitchenette, private bathroom, and 4 private rooms. Three rooms already have sinks, making the layout ideal for medical, wellness, beauty, therapy, or professional office use. The fourth room is currently used as an office but can be converted as needed.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Suite #1 | 1,393 SF | Office | - | Now |
1st Fl-Ste Suite #1
| Size |
| 1,393 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste Suite #1
| Size | 1,393 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Largest available suite in the building at 1,393 SF. The space includes a welcoming reception/waiting area right at the entrance, a separate reception office with a service window, a kitchenette, private bathroom, and 4 private rooms. Three rooms already have sinks, making the layout ideal for medical, wellness, beauty, therapy, or professional office use. The fourth room is currently used as an office but can be converted as needed.
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Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 64-00110-0000-00006 | Total Assessment | $1,544,312 CAD |
| Land Assessment | $1,086,496 CAD | Annual Taxes | $34,191 CAD ($4.00 CAD/SF) |
| Improvements Assessment | $457,816 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
64-00110-0000-00006
Land Assessment
$1,086,496 CAD
Improvements Assessment
$457,816 CAD
Total Assessment
$1,544,312 CAD
Annual Taxes
$34,191 CAD ($4.00 CAD/SF)
Tax Year
2025
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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8,546 SF Professional Office Medical Building | 24 Wyckoff Ave
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