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137-139 Prospect St 4,340 SF 100% Leased Office Building Newark, NJ 07105 $1,900,000 ($437.79/SF)
Executive Summary
137 Prospect is an Established walk-in urgent medical clinic for over 35 years in a great location. Medical practice on the first floor with additional space available on the second floor and lower level. First floor is approximately 2000 sq.ft. consisting of 4 exams rooms, kitchen area, private office, reception, and waiting room. Two apartments on the second floor with the ability to expand. Finished basement. Central HVAC. 139 Prospect is a vacant lot, 30x100, currently used for parking/garage. This is buildable lot in a MX-1 zone. Blocks for Newark Penn Station.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,340 SF
Building Class
B
Year Built
1960
Price
$1,900,000
Price Per SF
$437.79
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,170 SF
Building FAR
1.99
Lot Size
0.05 AC
Zoning
MX-1
Parking
11 Spaces (2.53 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (94)
Property Taxes
| Parcel Number | 14-00192-0000-00023 | Improvements Assessment | $231,400 |
| Land Assessment | $156,000 | Total Assessment | $387,400 |
Property Taxes
Parcel Number
14-00192-0000-00023
Land Assessment
$156,000
Improvements Assessment
$231,400
Total Assessment
$387,400
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137-139 Prospect St
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