150-154 Ellison St - Office FOR SALE


Paterson, NJ 07505- Downtown Paterson
$2,500,000 USD
973-725-3778
150-154 Ellison St, Paterson, NJ for Sale
$2,500,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

150-154 Ellison St
Paterson, NJ 07505
Downtown Paterson


HIGHLIGHTS

  • Previously approved for 55 residential units and 7,500 SF of ground-floor commercial space.
  • Located in a high-visibility area near City Hall and major downtown amenities.
  • Positioned within an active redevelopment zone with strong municipal support.
  • Excellent access to major highways and public transportation options.

OVERVIEW

redevelopment opportunity downtown paterson - possibile approval of approx 55 units - property consist of 2 buildings to be bought as a package deal in need of complete rehab - tax abatement opportunity -

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ellison Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,875 SF

ZONING

N/Av

APN/PARCEL ID

08-04406-0000-00002

ASK ABOUT THIS PROPERTY

Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

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Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.