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215 Main St 7,500 SF 100% Leased Office Building Fort Lee, NJ 07024 $4,790,000 ($638.67/SF) 5% Cap Rate



Investment Highlights
- Situated in Fort Lee’s established Main Street commercial corridor with strong local presence.
- Offers convenient access to Manhattan and nearby business districts.
- Surrounded by a mix of professional offices, retail, and dining options.
- Well positioned within a walkable downtown area with steady daily activity.
Executive Summary
Located along Fort Lee’s Main Street corridor, this office space for sale benefits from a highly visible and walkable downtown setting surrounded by shops, restaurants, and professional services. The area offers convenient access to Manhattan and nearby business hubs, making it attractive for owner-users or investors seeking a well-connected location. With strong local amenities and steady pedestrian activity, the property is well positioned within one of Fort Lee’s most established commercial districts.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,500 SF
Building Class
C
Year Built
1987
Price
$4,790,000
Price Per SF
$638.67
Cap Rate
5%
NOI
$239,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,750 SF
Building FAR
1.01
Lot Size
0.17 AC
Zoning
C1, Fort Lee Boro. - Commercial
Parking
4 Spaces (0.53 Spaces per 1,000 SF Leased)
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Exceptionally walkable
90/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 19-04751-0000-00020 | Improvements Assessment | $622,200 |
| Land Assessment | $720,000 | Total Assessment | $1,342,200 |
Property Taxes
Parcel Number
19-04751-0000-00020
Land Assessment
$720,000
Improvements Assessment
$622,200
Total Assessment
$1,342,200
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215 Main St
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