165 Barclay St - Apartments FOR SALE


Paterson, NJ 07503
$7,250,000 USD
201-592-8900
165 Barclay St, Paterson, NJ for Sale
$7,250,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

165 Barclay St
Paterson, NJ 07503


HIGHLIGHTS

  • * Prime residential investment opportunity in Paterson
  • * Each unit includes ample living space and in-building laundry room
  • * Ideally located near St. Joseph's Hospital and public transportation
  • * Delivered vacant for customization by new owners

OVERVIEW

$181k PER DOOR, 20 YEAR TAX ABATEMENT, BUILT IN 2016. Welcome to 165 Barclay Street, a prime residential investment in Paterson, NJ! This expansive property features 42 units, zoned for residential use, offering substantial potential for investors. Each unit provides ample living space and includes an in-building laundry room for convenience. Ideally located near St. Joseph's Hospital and public transportation, this property ensures easy access to essential services and commuting options, making it highly attractive to residents. The outdoor space adds a pleasant area for recreation. Will be delivered vacant, the property offers a unique opportunity for new owners to customize according to their vision. Whether you choose to revitalize the existing units or maintain them as they are, this property is brimming with potential. Don't miss your chance to capitalize on this opportunity in the vibrant Paterson real estate market. Contact us today to schedule a viewing and explore the possibilities at 165 Barclay Street!

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

42

PRICE/UNIT

$172,619

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

-

APN/PARCEL ID

08-05507-0000-00005

ASK ABOUT THIS PROPERTY

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201-592-8900

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201-592-8900

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