63 Broadway - Retail FOR SALE


Paterson, NJ 07505- Downtown Paterson
$1,398,000 USD
973-228-1050
63 Broadway, Paterson, NJ for Sale
$1,398,000 USD
Retail - FOR SALE
1/16
null | 8.5% Cap Rate

NEW


63 Broadway
Paterson, NJ 07505
Downtown Paterson


HIGHLIGHTS

  • Mixed used building
  • Located in the heart of Downtown
  • Close to Broadway Bus Terminal
  • Fully occupied
  • Lots of foot traffic
  • Only 30 mins from NYC

OVERVIEW

Rare find mixed use building with 3 store fronts on street level and 3 2BRs apartments on 2nd floor. Located in the busy downtown area with bus terminal, buses, Jitney to NYC and many different directions in NJ. Only 30 mins drive to NYC via Rt.80. Total annual rent income is $180,000 with net income of $118,860 giving 8.5% return. Request for more details today.

FOR SALE DETAILS

PRICE

$1,398,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B-4

APN/PARCEL ID

08-03710-0000-00015

ASK ABOUT THIS PROPERTY

John SassCentury 21 Cedarcrest Realty, Inc.More Info
973-228-1050

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John SassCentury 21 Cedarcrest Realty, Inc.More Info
973-228-1050

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