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39 E 39th St - River Plaza 6,300 SF Office/Medical Condo Unit in Paterson, NJ 07514
PROPERTY FACTS
| Total Building Size | 130,416 SF | Typical Floor Size | 19,707 SF |
| Property Type | Multifamily (Condo) | Year Built | 1960 |
| Property Subtype | Apartment | Lot Size | 0.02 AC |
| Building Class | C | Parking Ratio | 0.13/1,000 SF |
| Floors | 8 | Opportunity Zone |
Yes
|
| Total Building Size | 130,416 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 19,707 SF |
| Year Built | 1960 |
| Lot Size | 0.02 AC |
| Parking Ratio | 0.13/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Heating
- Kitchen
- Range
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Pool
- Doorman
- Elevator
1 UNIT AVAILABLE
Unit 2
| Unit Size | 6,300 SF | Cap Rate | 8.00% |
| Condo Use | Office/Medical | No. Parking Spaces | 14 |
| Sale Type | Investment or Owner User |
| Unit Size | 6,300 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.00% |
| No. Parking Spaces | 14 |
DESCRIPTION
This modern medical office condo is located on the ground floor of the Empress House Condominiums, a high-rise tower featuring 152 residential units. Positioned in an ideal location, the property offers direct access from Route 20 and is within 0.5 miles of I-80 and Route 46, ensuring easy accessibility for both patients and healthcare professionals.
The condo is strategically situated adjacent to Kent Plaza (240 units) and Park East Terrace (392 units), two major residential complexes, creating a strong local community presence. The area boasts a population of over 145,523 residents within a 2-mile radius, with a median household income of approximately $70,000, making it an attractive area for both healthcare services and businesses. Furthermore, the property benefits from high visibility, with over 20,573 vehicles passing daily along Route 20/McLean Boulevard.
SALE NOTES
This modern medical office condo is located on the ground floor of the Empress House Condominiums, a high-rise tower featuring 152 residential units. Positioned in an ideal location, the property offers direct access from Route 20 and is within 0.5 miles of I-80 and Route 46, ensuring easy accessibility for both patients and healthcare professionals.
The condo is strategically situated adjacent to Kent Plaza (240 units) and Park East Terrace (392 units), two major residential complexes, creating a strong local community presence. The area boasts a population of over 145,523 residents within a 2-mile radius, with a median household income of approximately $70,000, making it an attractive area for both healthcare services and businesses. Furthermore, the property benefits from high visibility, with over 20,573 vehicles passing daily along Route 20/McLean Boulevard.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 152 | - | - |
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39 E 39th St - River Plaza
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