39 E 39th St, Paterson, NJ
Office space in high-rise condominium building with outdoor area.
- Added:
- May 26, 2025
- Days on Market:
- 385
- Last Refresh:
- May 19 at 10:01 pm
Property Features for 39 E 39th St
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Lot size
- 2.72 Acres
- Property subtype
- OFFICE
Listing agent Tarang Ramani (201) 359-0166
Listing office Lee & Associates | Elmwood Park (201) 359-0166
Listing date May 26, 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 Lee & Associates | Elmwood Park
HighLights
- Exterior maintenance done by condominium associates.
- Ground floor unit.
- Highrise tower with 152 residential units.
- Outdoor recreational / lunch area.
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 | $189.0k | $30.00 |
| − Vacancy | −$60.5k | −$9.60 |
| EGI | $128.5k | $20.40 |
| − OpEx | −$32.1k | −$5.10 |
| NOI | $96.4k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1351
- Latitude
- 40.9217
