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Ellison Bldg 150-154 Ellison St 30,000 SF 100% Leased Office Building Paterson, NJ 07505 $2,500,000 ($83.33/SF)
Executive Summary
REDEVELOPMENT OPPORTUNITY DOWNTOWN PATERSON - POSSIBILE APPROVAL OF APPROX 55 UNITS - PROPERTY CONSIST OF 2 BUILDINGS TO BE BOUGHT AS A PACKAGE DEAL IN NEED OF COMPLETE REHAB - TAX ABATEMENT OPPORTUNITY -
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Office
Building Size
30,000 SF
Building Class
C
Year Built/Renovated
1920/1983
Price
$2,500,000
Price Per SF
$83.33
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,500 SF
Slab To Slab
10’
Building FAR
3.81
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
N/Av
1 1
Walk Score®
Walker's Paradise (98)
Property Taxes
| Parcel Number | 08-04406-0000-00002 | Improvements Assessment | $97,600 |
| Land Assessment | $377,400 | Total Assessment | $475,000 |
Property Taxes
Parcel Number
08-04406-0000-00002
Land Assessment
$377,400
Improvements Assessment
$97,600
Total Assessment
$475,000
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Ellison Bldg | 150-154 Ellison St
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