Property profile

860 Wyckoff Ave Mahwah, NJ 07430

OFF-MARKET
Commercial real estate
Property ID
US59-0432595
1.97 ac lot Built 1989
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story office building, totaling 32,589 square feet, is strategically located at 860 Wyckoff Avenue in Mahwah, New Jersey, 07430. The property boasts a Class B designation and was constructed in 1989. Its versatile design caters to a variety of office needs, encompassing executive, medical, creative, and traditional office spaces. The building is multi-tenant, offering flexible lease options with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 5,940 square feet. Ample parking is provided with approximately 127 spaces available for tenants and their clients. The property's location in Bergen County offers convenient access to Route 208, enhancing its appeal for businesses seeking a strategic location. Annual property taxes are $2.66 per square foot. The asking rental rate is $21.00 per square foot, plus utilities. This unique architectural design, combined with its prime location, makes this building an ideal choice for a wide range of businesses seeking a prestigious and functional workspace in Mahwah, New Jersey. The building's size and layout provide opportunities for both smaller businesses seeking efficient spaces and larger organizations requiring substantial contiguous areas.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Lot 1.97 ac (85,813 SF)
APN 33 00181-0000-00006
UPID US59-0432595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Medical Clinic
  • Training Center Sports School
  • Alternative Medicine Practice
  • Photography Service (Bike/Boat/Book/etc) Store

Location

860 Wyckoff Ave Mahwah, NJ 07430-3186
Mahwah metro Census 32102 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2011
4 recorded transactions
2011
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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