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59 Lincoln Ave 5,000 SF 100% Leased Office Building Fair Lawn, NJ 07410 $1,850,000 ($370/SF) 5.42% Cap Rate
INVESTMENT HIGHLIGHTS
- 2 brand new apartments on second floor 2 bedrooms
- Ample off street parking 16 spaces
- brand new HVAC on entire building
EXECUTIVE SUMMARY
Mixed use building with first floor office leased and 2 brand new apartments on second floor each 2 br 1 bath.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
2008
Price
$1,850,000
Price Per SF
$370
Cap Rate
5.42%
NOI
$100,275
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.68
Lot Size
0.17 AC
Zoning
B-2 - Mixed use office or retail
Parking
16 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- Reception
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Chanc. Title
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Chanc. Title | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $877,500 | |
| Land Assessment | $434,900 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $442,600 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$434,900
Improvements Assessment
$442,600
Total Assessment
$877,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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59 Lincoln Ave
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