543-573 W 8th St - Apartments FOR SALE


Plainfield, NJ 07060
$2,750,000 USD
732-623-2156
543-573 W 8th St, Plainfield, NJ for Sale
$2,750,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

543-573 W 8th St
Plainfield, NJ 07060


HIGHLIGHTS

  • Hardwood finishes throughout hallway.
  • Extremely large apartments with brick facade.
  • Excess land for 2 additional 3-story buildings, each building has full basement.
  • Park like setting.

OVERVIEW

Three structures located on the property. 10-unit apartment building measures approximately ±11,790 SF; plus two additional structures consisting of 1.5-story brick garage and 2-story frame barn. Located within the Van Wyck Brooks Historic District of Plainfield on the corner of West 8th Street and Plainfield Avenue, and in close proximity to Routes 28 and 22. Includes 2 lots POF = CA required. Financials available upon execution of NDA.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

12

PRICE/UNIT

$229,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,110 SF

ZONING

VWB2

APN/PARCEL ID

12-00761-0000-00001

ASK ABOUT THIS PROPERTY

Brian MurphySitar CompanyMore Info
732-623-2156

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Brian MurphySitar CompanyMore Info
732-623-2156

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