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Community Charter School of Paterson 137 Ellison St

28,524 SF Office Building Paterson, NJ 07505 £2,738,575 (£96/SF) 9% Net Initial Yield

Executive Summary

APPROX 9% CAP BUILDING! NEED A 1031 EXCHANGE? LOOKING FOR INVESTMENT, OR LOOKING TO RUN YOUR OWN SCHOOL. 28,524 SQFT BUILDING CURRENTLY FULLY RENTED. 15 CLASSROOMS, 2 CAFETERIAS. LOCATED IN THE CENTER OF TOWN NEAR CITY HALL, NEAR PUBLIC SAFETY BUILDING, PASSAIC COUNTY COMMUNITY COLLEGE, PUBLIC PARKING. NEAR MASS TRANSIT, BUS STOP AT CORNER. 1/2 BLOCK FROM TRAIN. CLOSE TO ALL MAJOR HIGHWAYS RT 19,20,3,80,46, & PARKWAY.

Attachments

FLOOR PLAN
137 ELLISON ST PATERSON - FLYER
137 Ellison St I & E

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
28,524 SF
Building Class
B
Year Built
1900
Price
£2,738,575
Price Per SF
£96
Net Initial Yield
9%
NOI
£246,472
Tenancy
Single
Number of Floors
4
Typical Floor Size
7,131 SF
Slab to Slab
10 ft
Building FAR
2.34
Lot Size
0.28 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-4, Paterson
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137 Ellison St, Paterson, NJ - aerial map view
Walk Score ®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(973) 340-1202

Contacts

  • Listing ID: 27975379

  • Date on Market: 14/03/2023

  • Last Updated:

  • Address: 137 Ellison St, Paterson, NJ 07505

The Office Property at 137 Ellison St, Paterson, NJ 07505 is currently available for sale. Contact Nicholas Real Estate for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

Community Charter School of Paterson | 137 Ellison St
(973) 340-1202 x

Community Charter School of Paterson | 137 Ellison St

1/2

Alexa Constandinou

(973) 340-1202

(973) 340-1202

Nicholas Tselepis

(973) 725-3778

(973) 725-3778

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