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    715-723 Broadway

    Paterson, NJ 07514
    • $1,190,000
    • STATUS: Active
    • ON SITE: 42 days
    • MLS #: 20023969
    Price Reduced
    UPDATED: 65 min ago
    $1,190,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Investment opportunity located in Federally designated economic "Opportunity Zone" created under 2017 Tax Cuts & Jobs Act! -Near Eastside Park. 2 story 7500 sq ft Block building on 100' x 107' lot. Built approx 1995 with 21 parking spaces and 3 commercial units Potential for 4 units if DR office subdivided. Elevator & lobby. Rents below market value- Ground floor Pharmacy-3700 sq ft w/lavatory, $5,500 month. Upper level: Medical office 2,500 sq ft w/reception area, 2 lavatories, 4 exam rms, office, break rm & storage was leased at $3,500 per month Lease Expired and now vacant; Dentist office is 1,200 sq ft leased $2,200, 4 separate electric & 3 gas meters and 3 separate gas forced air & central air. Taxes $38,400, Insurance $6,000, water $2,500, Snow/landscaping: $3,500 Expense approx: $50,400. Gross income was:$134,000 net income was approx: $84,000! Not in a flood Zone. Access to roof from utility room.

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    © 2020 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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 eXp Realty 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 Exchange do not appear on this website. Data last updated: 2020-08-07T23:16:36.98.

    www.sellwithsikora.com/homes/107201699
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    715-723 Broadway Paterson, NJ 07514

    • Price: $1,190,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 20023969
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Paterson
    County:
    Passaic
    Area:
    Paterson
    Property Description
    Investment opportunity located in Federally designated economic "Opportunity Zone" created under 2017 Tax Cuts & Jobs Act! -Near Eastside Park. 2 story 7500 sq ft Block building on 100' x 107' lot. Built approx 1995 with 21 parking spaces and 3 commercial units Potential for 4 units if DR office subdivided. Elevator & lobby. Rents below market value- Ground floor Pharmacy-3700 sq ft w/lavatory, $5,500 month. Upper level: Medical office 2,500 sq ft w/reception area, 2 lavatories, 4 exam rms, office, break rm & storage was leased at $3,500 per month Lease Expired and now vacant; Dentist office is 1,200 sq ft leased $2,200, 4 separate electric & 3 gas meters and 3 separate gas forced air & central air. Taxes $38,400, Insurance $6,000, water $2,500, Snow/landscaping: $3,500 Expense approx: $50,400. Gross income was:$134,000 net income was approx: $84,000! Not in a flood Zone. Access to roof from utility room.
    Exterior Features

    Style Office Sub Style Profsnl Waterfront None

    Interior Features

    Heat Cool Central AirGasHot Air

    Property Features

    Building Or Complex None Flood Plain None Ownership Private Rent Includes Tax Taxes 38400 Utilities Sep ElecSep GasSep Heat

    Listing provided courtesy of Coccia Realty Better Homes & Gardens.


    © 2020 New Jersey Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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 eXp Realty 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 Exchange do not appear on this website. Data last updated: 2020-08-07T23:16:36.98.

     
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    eXp Realty
    28 Valley Rd Suite 1
    Montclair NJ, 07042