Fully Leased Office/Residential | 1950 Greenwood Lake Tpke
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Fully Leased Office/Residential 1950 Greenwood Lake Tpke
8,300 SF 100% Leased Office Building Hewitt, NJ 07421 For Sale
Investment Highlights
- User/ Investor Opportunity! 8300 SF mixed use apartments & medical office
- Medical office: 4 private exam rooms, reception area, 2 in-unit bathrooms, private office, equipment
- Scenic setting with idyllic lake views
- Four fully rented apartments
- 15 Parking spaces
Executive Summary
Ideal as an investment opportunity or for owner-occupier! Approx 8,300 SF mixed-use property with 4 apartments and medical office space. Potential opportunity to convert medical office space to additional apartments. Apartments are fully leased. Scenic lake setting with neighborhood feel, and surrounding lake-side retail/ hospitality establishments. Fifteen parking spaces. Neighboring NJ Transit bus stop and access to highways: 287, Route 23, NJ-94.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,300 SF
Building Class
C
Year Built
1955
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,300 SF
Slab To Slab
12’
Building FAR
0.35
Land Acres
0.55 AC
Zoning
R-1,West Milford Twp
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Family Lase Dentistry
- Health Care and Social Assistance
- 1,800 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Family Lase Dentistry | Health Care and Social Assistance | 1,800 SF | - | - |
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PROPERTY TAXES
| Parcel Number | 15-03611-0000-00014 | Improvements Assessment | $348,100 |
| Land Assessment | $272,800 | Total Assessment | $620,900 |
PROPERTY TAXES
Parcel Number
15-03611-0000-00014
Land Assessment
$272,800
Improvements Assessment
$348,100
Total Assessment
$620,900
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Jeannette Melillo -
Jenna Glick -
Newmark Associates CRE, LLC
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Fully Leased Office/Residential | 1950 Greenwood Lake Tpke
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