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    Property profile & analytics
    OFF-MARKET Estimated value $630,000
    Office buildings

    663 Brace Ave, Perth Amboy, NJ 08861-3027

    2,964 SF 0.11 ac lot Built 1960
    Individually Owned 18-yr Hold Free & Clear
    Property ID
    US59-2172357
    Property summary
    AI-generated overview

    This exceptional 2,964 square foot commercial property at 663 Brace Avenue presents a unique opportunity for a variety of businesses. The single-tenant space boasts a fully renovated interior with modern finishes, creating a professional and inviting atmosphere. A highlight is the inclusion of all utilities in the lease, minimizing operational costs. The layout features a large private office complete with its own private bathroom, providing a high level of privacy and convenience. In addition to the private office, there's an open space ideal for various business needs. A private entrance and an additional bathroom within the unit enhance the functionality and comfort. A small outdoor area provides space for a few waiting chairs. The property is zoned R-50, allowing for a range of uses, including medical practices. This makes it perfect for a medical spa, esthetician, physician, therapist, accountant, attorney, photographer, real estate team, mortgage broker, or any small online business seeking a professional physical address. The property sits on a 0.107-square-foot lot and is a single-story building. A minimum one-year lease is required. This is a fantastic opportunity to secure a well-appointed, conveniently located commercial space at a competitive price.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Construction BRICK
    Total area 2,964 SF
    Lot 0.11 ac (4,661 SF)
    Zoning code R-50
    APN 16 00190- 07-00001
    UPID US59-2172357
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Husain Aftab MD Physician Medical Clinic
    • Urologic Solutions Physician Medical Clinic
    • Nations Med Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $745k
    Comparable Approach Comparable
    $524k
    Blend (final) Blend
    $630k
    Owner & transaction history
    Aftab Husain Real Estate Holdi · 18 yrs held
    Aftab Husain Real Estate Holdi
    since 2007
    2 recorded transactions
    2007
    1969
    Zoning & alternative use
    R-50 · Perth Amboy, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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