Medical Suite in Prime
2185 Lemoine Ave Fort Lee, NJ 07024
2185 Lemoine Ave, Fort Lee, NJ, 07024
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For Sale
Contact for pricing
Medical suite with high visibility near George Washington Bridge.
Property Size700 SF
Price / SF$428.57
Days on Market61
Property Features for 2185 Lemoine Ave
General Information
- Standard status
- Active
- Size
- 700 SF
- Property subtype
- Office
Listing Agency
KW Commercial
Listed by
Bruce Elia · License #NJ 0893523
Source
Crexi
Added: May 18 Checked: Jul 15 at 10:27 pm
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 KW Commercial
Investment Insights
Based on property information with market context.
This 700-square-foot medical suite is located in the Bridge Plaza building on Lemoine Avenue, offering visibility and traffic exposure. The property is situated steps from the George Washington Bridge, providing access to major highways, shopping, and restaurants. The lobby-level unit features new street-front windows, three rooms, a waiting area, storage, a walk-in closet, an existing kitchenette, and a full bath. One assigned parking space is included. This is a medical office co-op.
Key Highlights
- Prime location on Lemoine Avenue with high visibility and traffic exposure.
- Steps from the George Washington Bridge with easy access to major highways.
- Approximately 700 square feet lobby‑level unit suitable for a medical suite.
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 | $21.0k | $30.00 |
| − Vacancy | −$6.7k | −$9.60 |
| EGI | $14.3k | $20.40 |
| − OpEx | −$3.6k | −$5.10 |
| NOI | $10.7k | $15.30 |
700 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$153.0K
$133.9K – $178.5K
NOI $10,710 @ 7.0% cap · market cap 3.57%
Second Best
Healthcare Medical
$148.9K
$130.3K – $173.7K
NOI $10,423 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$182.8K
$159.9K – $213.3K
NOI $12,795 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Oradell Veterinary Group of Fort Lee — 1200 Palisade Ave, Fort Lee, NJ 07024
- Gambardella Paul G DVM — 1200 Palisade Ave, Fort Lee, NJ 07024
- Emerson Animal Hospital — 1540 lemoine ave, fort lee, nj 07024
- House Calls For Pets — 534 10th St, Palisades Park, NJ 07650
- Son Hyekeum DVM — 1580 Lemoine Ave, Fort Lee, NJ 07024
FAQs
What type of property is this?
Medical Office Space - Medical suite with high visibility near George Washington Bridge.
Where is this medical office space located?
The property is located at 2185 Lemoine Ave Fort Lee, NJ.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Prime location on Lemoine Avenue with high visibility and traffic exposure.; Steps from the George Washington Bridge with easy access to major highways.; Approximately 700 square feet lobby‑level unit suitable for a medical suite.
