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140 Market St
Paterson, NJ 07505
 L'Enfant Buiding · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Central Location, Public Transportation, Off-Street Parking, Beautiful Facade, Custom Interiors, Amenities, Incentives

EXECUTIVE SUMMARY

Building Almost Fully Rented with Long Term Leases! Perfect for a 1031 Exchange. Beautiful historic buildings with Beaux- Arts style architecture centrally located across from City Hall, with high visibility and significant foot traffic. It is the perfect location for companies that do business in the NY metro area without the New York City price tag. Nearby amenities include shops, restaurants and entertainment plus access to off-street parking and public transportation. Interiors can be customized to your specifications. BONUS: Paterson is a city targeted for revitalization. The highest levels of economic incentives are available to businesses investing in and relocating to Paterson, a designated Garden State Growth Zone. This is the perfect place for your business or a ground floor opportunity for a potentially lucrative investment. Contact me for a tour

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
30,000 sq ft
Costar Property Class
C
Year Built/Renovated
1903/2010
Price
£5,610,225
Price per sq ft
£187.01
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
5,000 sq ft
Floor To Floor Height
11 ft
Plot ratio
5.74
Total Plot Size
0.12 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.
Use Class
B-4
Parking
50 Spaces (1.67 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Signage

ABOUT 140 MARKET ST , PATERSON, NJ 07505

For more info contact Joseph Berardo at 201-585-7777 Ext. 104. 122, 126 & 140 Market Street. Three buildings with retail and office space available for lease. Properties also available for sale. Beautiful historic buildings with Beaux- Arts style architecture centrally located across from City Hall, with high visibility and significant foot traffic. It is the perfect location for companies that do business in the NY metro area without the New York City price tag. Nearby amenities include shops, restaurants and entertainment plus access to off-street parking and public transportation. Interiors can be customized to your specifications. BONUS: Paterson is a city targeted for revitalization. The highest levels of economic incentives are available to businesses investing in and relocating to Paterson, a designated Garden State Growth Zone. This is the perfect place for your business or a ground floor opportunity for a potentially lucrative investment. Contact me for a tour.

LINKS

 

  • Listing ID: 10808830

  • Date on Market: 23/03/2011

  • Last Updated:

  • Address: 140 Market St, Paterson, NJ 07505

The Downtown Paterson Office Property at 140 Market St, Paterson, NJ 07505 is currently available. Contact CHT Management LLC for more information.

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