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43 W Front St
Red Bank, NJ 07701
English Plaza Portfolio · Office Property For Sale
Investment Highlights
- Current In-Place Rents are Substantially Below Today's Market
- Approximately 40 Tenants Across Office, Retail, Restaurant, and Service Uses Provide Stable Income
- Near-Term Lease Rollover Creates Immediate Value
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
37,316 SF
Building Class
B
Year Built
1955
Price
$10,688,000
Price Per SF
$286.42
Cap Rate
5.31%
NOI
$567,204
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,658 SF
Building FAR
0.65
Lot Size
1.31 AC
Zoning
MU-0
Parking
80 Spaces (2.14 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 39-00030-0000-00012-01 | Improvements Assessment | $1,353,700 |
| Land Assessment | $1,257,300 | Total Assessment | $2,611,000 |
Property Taxes
Parcel Number
39-00030-0000-00012-01
Land Assessment
$1,257,300
Improvements Assessment
$1,353,700
Total Assessment
$2,611,000
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