209 William St - Apartments FOR SALE


East Orange, NJ 07017
$5,000,000 USD
973-524-1109
209 William St, East Orange, NJ for Sale
$5,000,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

209 William St
East Orange, NJ 07017


HIGHLIGHTS

  • $300+ Rent Upside per Unit
  • Exceptional Unit Mix 60%+ 2BD
  • Full Gut Renovation 2014
  • 10 Minute Walk to Train
  • 30 Minutes to NYC By Train

OVERVIEW

Located in the City of East Orange, this 26 unit apartment building is located less than 1 mile from East Orange Station. The building's all-brick construction, spacious kitchens, and cozy units add to its appeal. The mix of studio, one and two bedroom apartments are well maintained with a mix of vinyl flooring and tiled bathrooms and kitchens. The City of East Orange offer a wide range of appeal including its access to several main roads including Garden State Parkway and I-78. The area also has a variety of recreational parks including Branch Brook Park and Monte Irvin Park are a short distance from the properties. Similarly within a short drive or walk are a wide range of commercial appeal consisting of Retail, Fast-food, Restaurants and Bars.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

26

PRICE/UNIT

$192,308

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

William Street Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,818 SF

ZONING

R2

APN/PARCEL ID

05-00174-0000-00014

ASK ABOUT THIS PROPERTY

Dante FusaroHudson Atlantic RealtyMore Info
973-524-1109

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Dante FusaroHudson Atlantic RealtyMore Info
973-524-1109

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