2221-2239 Harbor Bay Pkwy, Alameda, CA
Turn-key office condo with waterfront views, flexible zoning.
- Added:
- Apr 8, 2025
- Days on Market:
- 433
- Last Refresh:
- May 19 at 8:28 pm
Property Features for 2221-2239 Harbor Bay Pkwy
General Information
- Standard status
- Active
- Size
- 7,240 SF
- Lot size
- 3.41 Acres
- Property subtype
- OFFICE
Listing agent Shawn Klein
Listing office Newmark | Oakland (510) 923-6200
Listing date Apr 8, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Oakland
HighLights
- San Francisco waterfront views with safe walking/bike paths.
- Flexible zoning allows for a variety of uses (office, R&D, retail, distribution, light manufacturing, etc.).
- 100% turn‑key opportunity in a highly improved 7240 sf office condo.
- Abundant reserved and unreserved parking.
- Walking distance to San Francisco Ferry Terminal.
- Minutes to Oakland International Airport.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.5k | $36.12 |
| − Vacancy | −$66.4k | −$9.17 |
| EGI | $195.1k | $26.95 |
| − OpEx | −$48.8k | −$6.74 |
| NOI | $146.3k | $20.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Alameda
- County
- Alameda
- State
- California
- Longitude
- -122.241
- Latitude
- 37.7251