179 S Maple Ave 6,000 SF 100% Leased Office Building Ridgewood, NJ 07450 $2,650,000 ($441.67/SF) 5.42% Cap Rate
INVESTMENT HIGHLIGHTS
- Close Proximity to Retail District
- Ample Parking
- Natural Light from large windows
EXECUTIVE SUMMARY
Discover a well-maintained, professional office building in the heart of Ridgewood, New Jersey, offering approximately 6,000 square feet of versatile, usable office space. Perfectly suited for a range of professional uses, this property provides the convenience and accessibility your business needs, along with 17 dedicated parking spaces a rare and valuable amenity in this sought-after area. This office building's well-kept interiors and efficient layout offer a turnkey opportunity for businesses seeking a reputable address in Ridgewood's thriving business community.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
6,000 SF
Building Class
B
Year Built
1972
Price
$2,650,000
Price Per SF
$441.67
Cap Rate
5.42%
NOI
$143,557
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Building FAR
0.60
Lot Size
0.23 AC
Zoning
R-4 - R-4 Zone
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Air Conditioning
1 of 9
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 51-04007-0000-00025 | Improvements Assessment | $723,700 |
| Land Assessment | $393,800 | Total Assessment | $1,117,500 |
