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One block to the beach 54 Atlantic Ave 4,416 sq ft 43% Let Retail Property Long Branch, NJ 07740 £1,121,490 (£253.96/sq ft) 4% Net Initial Yield
EXECUTIVE SUMMARY
First floor commercial space can be delivered vacant or available for lease to another tenant.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
4,416 sq ft
Costar Property Class
C
Year Built/Renovated
1900/2015
Price
£1,121,490
Price per sq ft
£253.96
Yield
4%
NOI
£44,860
Occupancy Rate
43%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.84
Total Plot Size
0.12 ac
Use Class
C-3 - Retail location with on site parking with a studio apartment and 2 bedroom apartment on the second floor with their own entrance to the building.
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-00436-01-00026 | Improvements Assessment | £285,830 |
| Land Assessment | £350,279 | Total Assessment | £636,109 |
PROPERTY TAXES
Parcel Number
27-00436-01-00026
Land Assessment
£350,279
Improvements Assessment
£285,830
Total Assessment
£636,109
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One block to the beach | 54 Atlantic Ave
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