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    Trenton Office and Studio Spaces Title is generated by Realmo AI

    354 S BROAD Street, Trenton, NJ 08608

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    Claim this Listing
    New
    For Lease
    $850 /Mo

    CommercialLease - TRENTON, NJ

    Type:Office
    Lot size:
    0.29 Acres
    Added:
    May 14, 2026
    Days on Market:
    3
    Last Refresh:
    May 16 at 5:06 am

    Property Features for 354 S BROAD Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking features
    Parking Lot, On Street, Offsite
    Standard status
    Active
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Building materials
    Brick, Block, Concrete

    We can help!

    Listing Contact
    Jeanine Carrillo

    Listing agent Jeanine Carrillo License #2298332

    Listing office Better Homes and Gardens Real Estate Maturo 251 Masonville Road, NJ

    Listing date May 14, 2026

    MLS# NJME2077116

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Flexible office and studio spaces suitable for various business types.
    • Dedicated podcast/music studio space with partial soundproofing.
    • High‑speed Wi‑Fi included.
    • Secure controlled entry with security cameras and visitor buzz‑in access.
    • Access to shared amenities: break room, conference rooms, and event space.
    • Convenient parking options: on‑street, offsite, and parking lot.

    Overview

    Located at 354 S. Broad St in Trenton, NJ, this property offers multiple spaces suitable for office, creative, or studio use. Available spaces include four office units and one podcast/music studio. The studio is currently vacant and features partial soundproofing. Unit 104 is available for $800 per month, Unit 119 for $750 per month, Unit 123 and Unit 124 each for $550 per month, and the music/podcast studio for $850 per month. Tenants are responsible for CAM charges. Amenities include high-speed Wi-Fi, property maintenance, break room access, conference rooms, event space availability, and secure controlled entry with security cameras and visitor buzz-in access. The property provides a professional atmosphere with flexible space options, suitable for entrepreneurs, creators, startups, and growing businesses. Virtual office services, named "The Hive", are also available, offering business mail receiving, conference room access by scheduling, event space usage, and restroom access on premises. The lot size is 0.2929 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Skins Laser, Spa, ... Skin Care Clinic Willie Choice Realty ... Real Estate Agency The Beauti Barr LLC Hair Salon Agencia de empleos Business Service Center Cornerstone Construction Company

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7603302
    Latitude
    40.2146721

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    FAQs

    What type of property is this?
    Office units - Office and podcast/music studio spaces available for lease.
    Where is this office units located?
    The property is located at 354 S BROAD Street Trenton, NJ.
    What is the lease rate?
    The lease rate is $850 /Mo.
    What are key features of this property?
    This property features: Flexible office and studio spaces suitable for various business types.; Dedicated podcast/music studio space with partial soundproofing.; High‑speed Wi‑Fi included.
    (609) 781-6477
    We can help!
    Listing Contact
    Jeanine Carrillo
    Real Estate License ID: 2298332
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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