Latin Percussion | 160 Belmont Ave
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Latin Percussion 160 Belmont Ave
23,750 SF 83% Leased Industrial Building Garfield, NJ 07026 $3,600,000 ($152/SF)
Investment Highlights
- Available for sale and lease.
Executive Summary
160 Belmont Ave is a two-story, 23, 750 SF Industrial Building situated off of the Passaic River constructed in 1965 and renovated back in 2013. The property sits on .43 acres. The building includes a front loading station, storage space, two drive-ins and a mezzanine level. It has a 13FT clear height. 160 Belmont Ave is located right in front of the rail line with access. The facility is occupied by two tenants on the ground floor. The property is located is a suburb of New York City called Garfield, with a population of 31,578. 160 Belmont Ave is located close to airports, restaurants, dinning, hotels and parks. Belmont Hill Park is situated just east of the property with walking trails that connects residents to the city.
Property Facts
| Price | $3,600,000 | Rentable Building Area | 23,750 SF |
| Price Per SF | $152 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1965/2013 |
| Property Type | Industrial | Parking Ratio | 1.12/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 13 FT |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.43 AC | No. Drive In / Grade-Level Doors | 2 |
| Price | $3,600,000 |
| Price Per SF | $152 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.43 AC |
| Rentable Building Area | 23,750 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2013 |
| Parking Ratio | 1.12/1,000 SF |
| Clear Ceiling Height | 13 FT |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- 24 Hour Access
- Front Loading
- Mezzanine
- Property Manager on Site
- Yard
- Storage Space
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office /light industrial
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 4,000 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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2nd Floor
| Size | 4,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office /light industrial
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 21-00088-02-00037 | Improvements Assessment | $866,400 |
| Land Assessment | $533,600 | Total Assessment | $1,400,000 |
PROPERTY TAXES
Parcel Number
21-00088-02-00037
Land Assessment
$533,600
Improvements Assessment
$866,400
Total Assessment
$1,400,000
zoning
| Zoning Code | LI (Light Industrial) |
| LI (Light Industrial) |
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Presented by
Ben Tyberg
Latin Percussion | 160 Belmont Ave
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