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232 Union Blvd 2,037 SF Office Building Totowa, NJ 07512 $730,000 ($358.37/SF) 15.00% Cap Rate
INVESTMENT HIGHLIGHTS
- busy area, day time traffice, near all major highways
- a lot of natrural light
EXECUTIVE SUMMARY
OFFICE EXCLUSIVE ONLY
Currently owner occupied, Use Flexibility ideal for medical, legal, day care, salon, accounting, contractor office, Retail, Second floor can be expanded ( variances required)
new roof, guutters, AC, Ne hot water heater, Finished basement with half bath, Prvate parking in rear fits approx 4-6 cars + additional street parking, Taxes
$7,500 Engery Efficiency solar Vestibule, skylights and high efficiency systems reduce operating costs. Future transfer expected to reduce electric bills $50.00--150.00/month
Year built Approx 1951
Rents in the area are between $7,000---$10,000
Currently owner occupied, Use Flexibility ideal for medical, legal, day care, salon, accounting, contractor office, Retail, Second floor can be expanded ( variances required)
new roof, guutters, AC, Ne hot water heater, Finished basement with half bath, Prvate parking in rear fits approx 4-6 cars + additional street parking, Taxes
$7,500 Engery Efficiency solar Vestibule, skylights and high efficiency systems reduce operating costs. Future transfer expected to reduce electric bills $50.00--150.00/month
Year built Approx 1951
Rents in the area are between $7,000---$10,000
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
2,037 SF
Building Class
A
Year Built
1989
Price
$730,000
Price Per SF
$358.37
Cap Rate
15.00%
NOI
$109,500
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,019 SF
Building FAR
0.67
Lot Size
0.07 AC
Zoning
4A - medical, legal, day care, salon, accounting, contractor office, Retail, and much more
AMENITIES
- Skylights
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Walk Score®
Very Walkable (82)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Modern Realty Group LLC
232 Union Blvd
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