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8,546 SF On 1 Acre | Prime Waldwick Site 24 Wyckoff Ave 8,546 SF Office Building Waldwick, NJ 07463 $1,699,999 ($198.92/SF) 7.61% Cap Rate
Investment Highlights
- 8,546 SF building | Almost 1 Acre Lot Size
- Zoned C-1 with 35+ Parking Spaces
- Taxes: $24,593
- Built in 1975; Renovated in 2016
- Proforma Cap Rate: 6.81%
- All Brick | Two Story | Free Standing Office Building
Executive Summary
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$185,029
|
$21.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$9,251
|
$1.08
|
| Effective Gross Income |
$175,778
|
$20.57
|
| Taxes |
$24,593
|
$2.88
|
| Operating Expenses |
$21,851
|
$2.56
|
| Total Expenses |
$46,444
|
$5.43
|
| Net Operating Income |
$129,334
|
$15.13
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $185,029 |
| Annual Per SF | $21.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $9,251 |
| Annual Per SF | $1.08 |
| Effective Gross Income | |
|---|---|
| Annual | $175,778 |
| Annual Per SF | $20.57 |
| Taxes | |
|---|---|
| Annual | $24,593 |
| Annual Per SF | $2.88 |
| Operating Expenses | |
|---|---|
| Annual | $21,851 |
| Annual Per SF | $2.56 |
| Total Expenses | |
|---|---|
| Annual | $46,444 |
| Annual Per SF | $5.43 |
| Net Operating Income | |
|---|---|
| Annual | $129,334 |
| Annual Per SF | $15.13 |
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signage
- Wheelchair Accessible
- Storage Space
- Basement
- Central Heating
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Av Planners
- Arts, Entertainment, and Recreation
- -
- -
- -
- BTC Transport Systems Inc
- Transportation and Warehousing
- -
- -
- -
- Joes Seaside Market Inc
- Retailer
- -
- -
- -
- Kim Kathlyn M Cpa Llc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Nyah Beauty
- Services
- -
- -
- -
- Rob's Duct Cleaning
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Av Planners | Arts, Entertainment, and Recreation | - | - | - | ||
| BTC Transport Systems Inc | Transportation and Warehousing | - | - | - | ||
| Joes Seaside Market Inc | Retailer | - | - | - | ||
| Kim Kathlyn M Cpa Llc | Professional, Scientific, and Technical Services | - | - | - | ||
| Nyah Beauty | Services | - | - | - | ||
| Rob's Duct Cleaning | Construction | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Unit 1: Professional space for basic office usage (231 SF) - $30psf = $6,930 year or $577.50 month Unit 2: Medical Office (793 SF) - $30/psf = $23,790/year or $1,982.50/month Unit 3: Medical Office (1,393 SF) - $20/psf = $27,860 year or $2,322 month Unit 4 and Unit 10: Professional space for basic office usage (490 SF Total) - $30/psf = $14,700/year or $1,225/month Unit 5: Medical Office (503 SF) - $30/psf = $15,090/year or $1,257.50/month Unit 6: Medical Office (849 SF) - $30/psf = $25,470/year or $2,122.50/month Unit 7: OCCUPIED (428 SF) Unit 8 Ground Floor: OCCUPIED (1,753) SF) Unit 9: Professional space for basic office usage (239 SF) - $30/psf = $7,170/year or $597.50/month Unit 11: OCCUPIED (185 SF) Unit 12: Medical Office (657 SF) - $30/psf = $19,710/year or $1,642.50
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 230-1,400 SF | Office/Medical | - | Now |
1st Floor
| Size |
| 230-1,400 SF |
| Space Use |
| Office/Medical |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 230-1,400 SF |
| Space Use | Office/Medical |
| Condition | - |
| Available | Now |
Unit 1: Professional space for basic office usage (231 SF) - $30psf = $6,930 year or $577.50 month Unit 2: Medical Office (793 SF) - $30/psf = $23,790/year or $1,982.50/month Unit 3: Medical Office (1,393 SF) - $20/psf = $27,860 year or $2,322 month Unit 4 and Unit 10: Professional space for basic office usage (490 SF Total) - $30/psf = $14,700/year or $1,225/month Unit 5: Medical Office (503 SF) - $30/psf = $15,090/year or $1,257.50/month Unit 6: Medical Office (849 SF) - $30/psf = $25,470/year or $2,122.50/month Unit 7: OCCUPIED (428 SF) Unit 8 Ground Floor: OCCUPIED (1,753) SF) Unit 9: Professional space for basic office usage (239 SF) - $30/psf = $7,170/year or $597.50/month Unit 11: OCCUPIED (185 SF) Unit 12: Medical Office (657 SF) - $30/psf = $19,710/year or $1,642.50
Property Taxes
| Parcel Number | 64-00110-0000-00006 | Total Assessment | $1,110,800 |
| Land Assessment | $781,500 | Annual Taxes | $24,593 ($2.88/SF) |
| Improvements Assessment | $329,300 | Tax Year | 2025 |
Property Taxes
Presented by
8,546 SF On 1 Acre | Prime Waldwick Site | 24 Wyckoff Ave
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