29 Atwood Ave
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29 Atwood Ave
13,000 SF Industrial Building Tenafly, NJ 07670 For Sale
Investment Highlights
- Approx. 35,000 SF Development Opportunity
Executive Summary
JUST REDUCED!
Flexible Layout: Having an open floor plan that can be customized is a huge advantage. Whether you’re an electrical contractor, HVAC company, or food distributor, this adaptability ensures efficient organization of equipment, inventory, and workstations.
Multiple Overhead Gates: These gates accommodate large machinery, delivery trucks, and heavy equipment. Efficient loading and unloading are essential for smooth operations.
Zoning and Permits: The fact that the property is zoned for various commercial uses is fantastic. Plus, having secured permits in advance saves you time and effort, allowing you to focus on business growth.
Convenient Location: Being near major highways and transportation hubs ensures seamless supply chain logistics. Whether you’re in e-commerce, packaging solutions, or vehicle-related services, easy access matters.
Security and Amenities: Surveillance cameras and gated access provide peace of mind. Additionally, amenities like restrooms, break areas, and office spaces enhance the overall experience.
Land for Expansion: Having extra land for future growth is a strategic advantage. Whether it’s additional parking, outdoor storage, or room for expansion, you’re well-prepared.
Remember, this 14,000SF industrial/manufacturing building on approximately 1 acre offers versatility for various purposes—whether it’s a warehouse, factory, showroom, medical facility, or building supply hub1. It’s an exciting opportunity!
Flexible Layout: Having an open floor plan that can be customized is a huge advantage. Whether you’re an electrical contractor, HVAC company, or food distributor, this adaptability ensures efficient organization of equipment, inventory, and workstations.
Multiple Overhead Gates: These gates accommodate large machinery, delivery trucks, and heavy equipment. Efficient loading and unloading are essential for smooth operations.
Zoning and Permits: The fact that the property is zoned for various commercial uses is fantastic. Plus, having secured permits in advance saves you time and effort, allowing you to focus on business growth.
Convenient Location: Being near major highways and transportation hubs ensures seamless supply chain logistics. Whether you’re in e-commerce, packaging solutions, or vehicle-related services, easy access matters.
Security and Amenities: Surveillance cameras and gated access provide peace of mind. Additionally, amenities like restrooms, break areas, and office spaces enhance the overall experience.
Land for Expansion: Having extra land for future growth is a strategic advantage. Whether it’s additional parking, outdoor storage, or room for expansion, you’re well-prepared.
Remember, this 14,000SF industrial/manufacturing building on approximately 1 acre offers versatility for various purposes—whether it’s a warehouse, factory, showroom, medical facility, or building supply hub1. It’s an exciting opportunity!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$260,000
|
$20.00
|
| Other Income |
$130,000
|
$10.00
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$390,000
|
$30.00
|
| Taxes |
$37,510
|
$2.89
|
| Operating Expenses |
$26,000
|
$2.00
|
| Total Expenses |
$63,510
|
$4.89
|
| Net Operating Income |
$326,490
|
$25.11
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $260,000 |
| Annual Per SF | $20.00 |
| Other Income | |
|---|---|
| Annual | $130,000 |
| Annual Per SF | $10.00 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $390,000 |
| Annual Per SF | $30.00 |
| Taxes | |
|---|---|
| Annual | $37,510 |
| Annual Per SF | $2.89 |
| Operating Expenses | |
|---|---|
| Annual | $26,000 |
| Annual Per SF | $2.00 |
| Total Expenses | |
|---|---|
| Annual | $63,510 |
| Annual Per SF | $4.89 |
| Net Operating Income | |
|---|---|
| Annual | $326,490 |
| Annual Per SF | $25.11 |
Property Facts
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 61-01305-0000-00001 | Total Assessment | $1,386,700 |
| Land Assessment | $630,000 | Annual Taxes | $37,510 ($2.89/SF) |
| Improvements Assessment | $756,700 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
61-01305-0000-00001
Land Assessment
$630,000
Improvements Assessment
$756,700
Total Assessment
$1,386,700
Annual Taxes
$37,510 ($2.89/SF)
Tax Year
2024
zoning
| Zoning Code | SRB |
| SRB |
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29 Atwood Ave
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