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90 Prospect Ave
Hackensack, NJ 07601
The Frontenac · Multifamily Property For Sale · 55 Units

INVESTMENT HIGHLIGHTS

  • Value Add Opportunity
  • Motivated sellers
  • One block away from UMDNJ

EXECUTIVE SUMMARY

3 Unit office medical condo for sale $675,000 First Floor Units 1 VACANT 1,000 SF UNIT 7.75% Cap Rate Based on Current NOI Huge Upside Potential To Lease The Vacant Unit Proforma Cap Rate: 11% Cap

PROPERTY FACTS

No. Units 55
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 2.13 AC
Building Size 125,000 SF
No. Stories 11
Year Built 1900
Parking Ratio 0.19/1,000 SF
APN / Parcel ID
23-00237-0000-00001-01
  • 23-00237-0000-00001-01-C001A
  • 23-00237-0000-00001-01-C001B
  • 23-00237-0000-00001-01-C001D
  • 23-00237-0000-00001-01-C001E
  • 23-00237-0000-00001-01-C001F
  • 23-00237-0000-00001-01-C001G
  • 23-00237-0000-00001-01-C002A
  • 23-00237-0000-00001-01-C004E
  • 23-00237-0000-00001-01-C005D
  • 23-00237-0000-00001-01-C006B
  • 23-00237-0000-00001-01-C008D
  • 23-00237-0000-00001-01-C010G
  • 23-00237-0000-00001-01-C011A
Zoning M-O
  • Listing ID: 21643392

  • Date on Market: 12/2/2020

  • Last Updated:

  • Address: 90 Prospect Ave, Hackensack, NJ 07601

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