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1035 Rt 46 E
Clifton, NJ 07013

$700,000 USD

Medical Condo For Sale  •  3,098 SF

Property Details

  • Property Type Medical
  • Total Building Size 30,000 SF
  • Lot Size 4.2 AC
  • Building Class B
  • Year Built 1985
  • Tenancy Multiple
  • Zoning B-D
40 Transit Score
48 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 204-5 Office 3,098 SF $700,000 USD
  • Unit Size: 3,098 SF
  • Condo Use: Office
  • Price: $700,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $225.95 USD
Description
Acquisition cap rate of 10% using projected rental income of $29/psf. Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways. High visibility. Some office furniture can be negotiated. 3 Conference rooms, 2 Bathrooms, 5 offices, Filing room with kitchen, Tech & Printing room and Storage room. Perfect space for doctors, attorneys, accountants, title companies and other professional uses. Easy access from Highway 46 East, high visibility, over 50,000 vehicles per day. The unit is part of Notchview Office Park, 3-star office condo, Class B Office Buildings. Central business location! This is prime urban highway location, close to all highways and NYC. Newark International Airport 15 minutes away, NYC 20 minutes away Building has elevator. The unit is almost 3,100 sf, 2 1/3 units combined into one. $150k worth of upgrades.

Sale Notes
TREMENDOUS OPPORTUNITY FOR HEALTHCARE USERS OR AS A PROFESSIONAL OFFICE! Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways.

Description 

TREMENDOUS OPPORTUNITY FOR HEALTHCARE USERS OR AS A PROFESSIONAL OFFICE! Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways.

Amenities

  • Controlled Access
  • Conferencing Facility
  • Security System
  • Kitchen
  • Energy Performance Rating - A
  • Reception
  • Automatic Blinds
  • Storage Space
  • Natural Light
  • Wi-Fi
  • Hardwood Floors
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Clifton (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 4 min - 2.1 mi
Montclair State University (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.2 mi
AirportDriveWalkDistance
Newark Liberty International 22 min - 18.1 mi
Laguardia 38 min - 26.5 mi
John F Kennedy International 49 min - 37.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Raymond 'Raj' Thomas 866-201-6210 eXp Realty
Raymond 'Raj' Thomas 866-201-6210 eXp Realty