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253 Madison Ave 2,780 SF 100% Leased Retail Building Wyckoff, NJ 07481 $1,954,288 CAD ($702.98 CAD/SF) 5.34% Cap Rate
INVESTMENT HIGHLIGHTS
- 1400 square feet of first floor office
- finished basement and off street parking lot
- 3 bedroom luxury apartment on 2nd floor
EXECUTIVE SUMMARY
Investment or owner user opportunity. Office will be delivered vacant. 1400 square feet plus finished basement of professionally finished office space. 3 bedroom 1 bath apartment on second full that is rented at $2950.00 per month with long term tenant. off street paved parking lot. located in wyckoff's business triangle many uses possible. retail or office is approved use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,780 SF
Building Class
C
Year Built
1923
Price
$1,954,288 CAD
Price Per SF
$702.98 CAD
Cap Rate
5.34%
NOI
$104,345 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.23 AC
Zoning
B-1A
Parking
12 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
81’ on Madison Ave
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 70-00241-0000-00003 | Improvements Assessment | $670,931 CAD |
| Land Assessment | $504,433 CAD | Total Assessment | $1,175,363 CAD |
PROPERTY TAXES
Parcel Number
70-00241-0000-00003
Land Assessment
$504,433 CAD
Improvements Assessment
$670,931 CAD
Total Assessment
$1,175,363 CAD
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253 Madison Ave
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