Luxury Office Space in
2 Main Street #Suite 4, Bradley Beach, NJ 07720
For Sale
$249,900
Pending
Move-in ready office space near shops and restaurants.
Property Size561 SF
Days on Market209
Property Features for 2 Main Street #Suite 4
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Corner Lot
Assigned
Forced Air Heating
On Street
Sidewalks
Vinyl Flooring
Listing Agency:
EXP REALTY
(866) 201-6210
Listed By:
ADRIANNA MIERAS
Source:
Corcoran
Added: Apr 15
Changed: Aug 8
Last Checked: Aug 8 at 3:01PM
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 EXP REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 4 at 2 Main Street offers a luxury office space in Bradley Beach, situated along Sylvan Lake and bordering Avon. The property is located steps from Main Street, with boutiques, coffee shops, and restaurants nearby. The suite is move-in ready and includes one dedicated off-street parking spot, with on-street parking also available. The property contains 561 square feet and is suitable for solo professionals, small teams, and remote workers.
Key Highlights
- Prime location in Bradley Beach, steps from Main Street shops and restaurants.
- Move‑in ready luxury office space.
- One dedicated off‑street parking spot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,583
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,660
$171.7K
Cap Rate 7%
$122,614
$122.6K
Cap Rate 9%
$95,367
$95.4K
Market Conditions
NOI Build-Up for 561 SF
Gross rent
$16.8K $30.00/SF
− Vacancy
−$5.4K −$9.60/SF
EGI
$11.4K $20.40/SF
− OpEx
−$2.9K −$5.10/SF
NOI
$8.6K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$171,660
Cap Rate 7%
$122,614
Cap Rate 9%
$95,367
Alternative Uses
Best Use
Office B
$122.6K
$107.3K – $143.1K
NOI $8,583 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$146.5K
$128.2K – $170.9K
NOI $10,254 @ 7.0% cap · market cap 4.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 07720, NJ
4,175
Population
2,836
Households
1.5
Avg Household Size
47
Median Age
67%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
6,958
Density / Sq Mi
$94,722
Median Household Income
$52,661
Median Earnings
$1,710
Median Rent
$857,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Monmouth County, NJ
Properties on Market for Office Units in Monmouth County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Move-in ready office space near shops and restaurants.
Where is this office unit located?
The property is located at 2 Main Street #Suite 4 Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Prime location in Bradley Beach, steps from Main Street shops and restaurants.; Move‑in ready luxury office space.; One dedicated off‑street parking spot.
