Address
21 W Broadway Paterson City, NJ
Price
$ 449,900
Property Attributes
- ID#3698103
- TypeCommercial
- CountyPASSAIC
- CityPaterson City
- AreaPaterson City
- NeighborhoodDowntown
- Zip07505
- StyleOffcRetl
- Year Built1920
- Taxes$ 16587
- Price$ 449,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms4
- Sqr Footage6000
- Lot Size2,614 SqFt
Listing Provided Courtesy Of:
LEOPIZZI REAL ESTATE AGENCY
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description
Attention all investors or owner occupants great opportunity you do not want to pass up. Two unit commercial building located in downtown Paterson aggressively priced for a quick sale! The downstairs unit is currently leased as a bar paying 3300 per month. The upstairs unit is currently vacant but was previously a beauty salon and prior to that a dentist office. Going rent for upstairs unit is approx 2500-3000 per month. This building has a potential cap rate of over 10% which is very rare in the current market, perfect for an investor looking for a high ROI! Or purchaser can lease downstairs collect income and keep upstairs for themselves! Dont miss out on this opportunity!
| Price History | |
|---|---|
| 3/16/2021 | Listed $474,999 |
| 5/11/2021 | 6% - $449,900 |
General Features
| Basement | Full |
|---|---|
| Building # | 21 |
| Construction | Brick/Block, Formed Concrete |
| Cooling | 2 Units |
| Drive | On-Street Parking |
| Flooring | Carpeting, Concrete, See Remarks |
| Heating | 2 Units |
| Prior Use | Commercial |
| Property Type | Free Standing Office, Office/Retail |
| Property Type | OffcRetl |
| Roof | Flat |
| Sewer | Public Sewer |
| Tax Annual Amount | 16587 |
| Total Units | 2 |
| Town # | 2508 |
| Township | Paterson City |
| Utilities | Electric, Gas-Natural |
| Zoning | B4 |
Interior Features
| Fuel Type | Gas-Natural |
|---|
Exterior Features
| Building Area Total | 6000 |
|---|---|
| Exterior Description | Brick/Block |
| Lot Dimensions | 27.62 X 103 |
| Lot Features | Level Lot |
| Water Source | Public Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 07505
Price
Taxes
Visits
Year Built
Walkscore
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. and Exit Golden Realty Group. Real estate listings held by other brokerage firms are marked as IDX listing. Information deemed reliable but not guaranteed. Copyright © 2021 Garden State Multiple Listing Service, L.L.C. All rights reserved. This information is being provided for Consumer's personal, non-commercial use and may not be used for any purpose
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Exit Golden Realty Group are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data
