400 Madison Avenue- Manalapan- Class “A” Medical / General Office Investment Property for Sale- PRICE RECENTLY REDUCED! - Legacy Commercial Realty

400 Madison Avenue Monmouth, Manalapan New Jersey 07726

For Sale 2,695,000
Property Details

400 Madison Avenue Monmouth, Manalapan New Jersey 07726

For Sale 2,695,000
Offices
Description

400 Madison Avenue- Manalapan- Class “A” Medical / General Office Investment Property for Sale

Offices - Monmouth New Jersey

Class “A” Medical / General Office Investment Property for Sale- PRICE RECENTLY REDUCED!

400 Madison Avenue- Manalapan, NJ 07726

+/- 16,000 SF Two-Story Medical/General Office Building for Sale.

Asking Price: $2,695,000.00 PRICE RECENTLY REDUCED!
Projected NOI: $210,828.44 / Year
7.8% CAP Rate.

85% Leased (1 Vacancy of +/- 2,350 SF)

Lease Abstract & Income/Expenses will be provided upon request.

Lot Size: 5.11 AC

Building was constructed in 2006.

126 Parking Spaces.

Zoning: SED-20/W Medical and Professional Office are Permitted Uses.

Full basement with Elevator access. Ideal for storage.

Located directly off of heavily traveled Route 33 in Manalapan.

Property Features
  • Offices
Seth Katz
Broker of Record / CEO
Office: 732-333-6380
Seth had attended Rutgers University studying Economics and business management. His Commercial Real Estate career started in 2004. As a full service Broker, Seth has been actively involved in every sector of Commercial Real Estate. Born and raised in Monmouth County, NJ, Seth is quite familiar with the land development and municipal approval processes in the counties which encompass Central New Jersey. Seth’s real estate approach is “hands-on” and he works tirelessly to satisfy the needs of all Legacy Commercial Realty’s clients and customers. His philosophy of “think client first” has yielded positive results and trust throughout his business career.
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Matt Miller
Sales Associate
Office: 732-333-6380
Matt Miller has a degree in Public Policy from Rutgers University and a Masters Degree in Healthcare Administration from Seton Hall University. He had previously worked at CentraState Medical Center as a Financial Analyst for a number of years. Matt has always been a people person with a passion for sales. That coupled with him being born and raised in Monmouth County, led him to Legacy Commercial Realty. Among other things, Matt’s education and experience in the Medical field has provided his Medical clients’ with a strategic advantage in finding real estate opportunities. Matt works tirelessly to satisfy the differing requirements of his clients. Matt has a passion for land development, investment sales, and business development & growth. Matt is another member of the Legacy team that feels that a hands on approach is instrumental in both the company’s and our clients success.
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