354 State St, Hackensack, NJ 07601
354 State St, Hackensack, NJ 07601Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
10,141 SF 100% Leased Office Building Hackensack, NJ 07601 $2,450,000 ($241.59/SF) 7.75% Cap Rate
THIS STATUESQUE BUILDING OFFERS ALL THE CLASS OF HACKENSACK IN THE HEART OF DOWNTOWN FOUNDED IN 1665. THIS EXCEPTIONAL INVESTMENT PROPERTY WITH 7.75 CAP RATE HAS MANY OFFERINGS. INVESTMENT-OWNER USER-REDEVELOP-WITH MULTIPLE PERMITTED USES IN THE REDEVELOPMENT ZONE. HACKENSACK IS ON THE RISE WITH AN ABUNDANCE OF LUXURY APARTMENT BUILDINGS, RESTAURANTS, RETAIL, NEW PARKS AND RECREATION AREAS, PERFORMING ARTS CENTER, MAJOR TRANSPORTATION TO ANY CITY FROM BUS TERMINAL ON RIVER STREET. CLOSE PROXIMITY TO HACKENSACK MEDICAL CENTER AND TRAIN STATIONS FOR EASY COMMUTE TO NYC. DESIRED PROPERTY FOR THOSE WHO WORK FROM HOME TO FIND A QUIET OFFICE SPACE. EASY ACCESS PARKING OF 33 SPACES. DON'T MISS OUT ON BEING A PART OF HACKENSACK'S RENAISSANCE. CONTACT US FOR ADDITIONAL FEATURES AND DISCOVER SPECIAL OFFERINGS.
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Property Details
- Parking: 33 Spaces (3.25 Spaces per 1,000 SF Leased)
- Area: 10,141 sq ft
- Year built: 1950/2008
- Sale Type: Investment or Owner User
- Cap Rate: 7.75%
- Building Size: 10,141 SF
- Building Class: B
- Typical Floor Size: 3,380 SF
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 3 Stories
- Building Far: 0.65
- Opportunity Zone: Yes
- Zoning: B-2 - OFFICE AND REDEVELOPMENT OPPORTUNITY ZONE
Property Taxes
- Parcel Number: 23-00407-0000-00016
- Land Assessment: $656,500
- Improvements Assessment: $443,500
- Total Assessment: $1,100,000
Agent
Linda DeSantis
Terrie OConnor Realtors
Location
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