165 Barclay St, Paterson, NJ 07503
42 Unit Apartment Building | $7,250,000 ($172,619/Unit) | Paterson, NJ 07503
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $7,250,000
- Property Type
-
Multifamily
- Square Feet
- 42,000 SF
Listing Contacts
Tony Nabhan
Verified Profile
George Marogi
Verified Profile
- Property Info
Property 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!
Property Details
- Class
- A
- Year Built
- 2016
- Stories
- 6
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 42
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
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