101 N Pavilion Ave - Office/Residential FOR SALE


Riverside, NJ 08075
$12,000,000 USD
215-350-3488
101 N Pavilion Ave, Riverside, NJ for Sale
$12,000,000 USD
Office/Residential - FOR SALE
1/17
null | Request Cap Rate

101 N Pavilion Ave
Riverside, NJ 08075


HIGHLIGHTS

  • The former Philadelphia Watchcase Factory, offering a unique opportunity for adaptive reuse into 144 apartments with modern industrial finishes
  • Designed by CosciaMoos, the building is built to sustainable standards, ensuring energy efficiency and environmental responsibility.
  • Includes an indoor pool, golf simulator, movie theater, dog park, and a roof deck with breathtaking skyline views of Philadelphia.

OVERVIEW

As the Exclusive Representative for the Owner, Delphi Property Group. is pleased to present you with the opportunity to purchase the former Philadelphia Watchcase Factory; identified as 101 N Pavilion Avenue, Riverside, NJ. Located in a Qualified Opportunity Zone (QOZ), the building has been designed for the adaptive reuse of the 144k sq ft building into 144 apartments that feature modern industrial finishes. The building has been designed by CosciaMoos as a LEED Gold Building which has an amenity package that includes an indoor pool, golf simulator, movie theater, dog park and a roof deck with skyline views of Philadelphia. This project qualifies for 3 levels of historical tax credits which include the Federal Historic, State Historic and NJ ASPIRE. Each of these grants are extremely sizable. Full details available to qualified developers.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

QOZ

APN/PARCEL ID

30-00602-0000-00002

ASK ABOUT THIS PROPERTY

Jamie WeinerDelphi Property Group, LLC.More Info
215-350-3488

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

Jamie WeinerDelphi Property Group, LLC.More Info
215-350-3488

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