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Totowa Tower 399 Totowa Ave

4,730 SF 100% Leased Retail Building Paterson, NJ 07502 £1,770,766 (£374/SF) 6% Net Initial Yield

Executive Summary

Mixed use five residential and one store located at 399 Totowa Ave., Patterson, NJ. Great income generating property with potential to increase rents.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,730 SF
Building Class
C
Year Built
1975
Price
£1,770,766
Price Per SF
£374
Net Initial Yield
6%
NOI
£106,246
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.81
Lot Size
0.06 AC
Frontage
37 ft on Totowa
1 of 1
Walk Score ®
Very Walkable (88)
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

Nearby Major Retailers

Valley National Bank
Checkers
Bravo
Blimpie
Bank of America
TD Bank
Surf City Squeeze
Key Food
Rent-A-Center
The YMCA

PROPERTY TAXES

Parcel Number 08-00919-0000-00013 Improvements Assessment £340,628
Land Assessment £59,899 Total Assessment £400,527

PROPERTY TAXES

Parcel Number
08-00919-0000-00013
Land Assessment
£59,899
Improvements Assessment
£340,628
Total Assessment
£400,527
(516) 551-1307

Contact

  • Listing ID: 34344920

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 399 Totowa Ave, Paterson, NJ 07502

The Retail Property at 399 Totowa Ave, Paterson, NJ 07502 is currently available for sale. Contact Douglas Elliman for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2025 CoStar Group

Totowa Tower | 399 Totowa Ave
(516) 551-1307 x

Totowa Tower | 399 Totowa Ave

Jon Smilowitz

(516) 551-1307

(516) 551-1307

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