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725 E 22nd St
Paterson, NJ 07504
Multifamily Property For Sale · 3 Units

INVESTMENT HIGHLIGHTS

  • 9% Cap at List Price
  • Deli is on a new 10 year lease with 3% annual increases. Deli has operated out of this space for over 30 years
  • 100% Occupied with Strong Demand for Unit Types
  • Large Apartments

PROPERTY FACTS

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 4,426 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1940/2010
Parking Ratio 0.45/1,000 SF
Zoning R-3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 $1,450 -
4+1 1 $1,450 -
  • Listing ID: 19961276

  • Date on Market: 6/18/2020

  • Last Updated:

  • Address: 725 E 22nd St, Paterson, NJ 07504

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