KNC Realty LLC
Listed by KNC Realty LLC
$1,870,000
Excellent location Corner building across the train station
Details
Property Type Office, Retail
Sub Type Restaurant
Square Footage 6,000
Units 11
Cap Rate 6.12%
NOI $114,475
Lease Type Modified
Price per SqFt $312
Class B
Year Built 1925
Ground Lease No
retail 3000 office 3000
Marketing description
Great investment opportunity on the busiest area. Just across the Rahway train station. all unit occupied except two office space used by the owner. 4 retail unit + 7 office space. cash buyer only. New roof : around Nov 2024 year. Strictly sold as-is condition including environmental issue. The seller will credit the treatment estimate to the buyer
Investment highlights
Just across the Rahway train station
At the corner of traffic signaled cross section
4 retail unit + 7 office space, Cap rate : 6.12 %
New roof : around Nov 2024 year
Listing Contacts
KNC Realty LLC
Listed by KNC Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,475.00
$9,539.58/mo
Valuation Metrics
0
DSCR
6.12%
Cap Rate
6.12%
ROI
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