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1035 Rt 46 E - Notchview Bldg B

3,098 SF Office Condo Unit Offered at $992,229 CAD in Clifton, NJ 07013

Property Facts

Price $992,229 CAD
Unit Size 3,098 SF
No. Units 1
Total Building Size 30,000 SF
Property Type Office (Condo)
Property Subtype
Medical
  • Office Industrial Live Work Unit
Sale Type Investment or Owner User
Building Class B
Floors 3
Typical Floor Size 10,000 SF
Year Built 1985
Lot Size 4.20 AC
Parking Ratio 1.17/1,000 SF

1 Unit Available

Unit 204-5

Unit Size 3,098 SF
Price $992,229 CAD
Price Per SF $320.28 CAD
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 8.00%
NOI $79,378.32 CAD
No. Parking Spaces 2
Description

Acquisition cap rate of 10% using projected rental income of $29/psf. Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways. High visibility. Some office furniture can be negotiated. 3 Conference rooms, 2 Bathrooms, 5 offices, Filing room with kitchen, Tech & Printing room and Storage room. Perfect space for doctors, attorneys, accountants, title companies and other professional uses. Easy access from Highway 46 East, high visibility, over 50,000 vehicles per day. The unit is part of Notchview Office Park, 3-star office condo, Class B Office Buildings. Central business location! This is prime urban highway location, close to all highways and NYC. Newark International Airport 15 minutes away, NYC 20 minutes away Building has elevator. The unit is almost 3,100 sf, 2 1/3 units combined into one. $150k worth of upgrades.

Sale Notes

TREMENDOUS OPPORTUNITY FOR HEALTHCARE USERS OR AS A PROFESSIONAL OFFICE! Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways.

Amenities

  • Controlled Access
  • Conferencing Facility
  • Security System
  • Kitchen
  • Energy Performance Rating - A
  • Reception
  • Automatic Blinds
  • Storage Space
  • Natural Light
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

zoning

Zoning Code B-D (Commercial)
B-D (Commercial)
  • Listing ID: 34148495

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 1035 Rt 46 E, Clifton, NJ 07013

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