704-720 Mattison Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
704-720 Mattison Ave
55 Unit Block of Flats £3,976,460 (£72,299/Unit) Asbury Park, NJ 07712
EXECUTIVE SUMMARY
PERFECT OPPORTUNITY ZONE INVESTMENT: This downtown building is already approved for 48 Microunit apartments. The building consists of a development site for the microunit apartments and one of the last remaining historic theaters in Asbury Park, The Savoy Theater. The Savoy opened as a live entertainment venue, a Vaudeville and tour house where Loise Brooks, Milton Berle, and James Cagney have performed. It was designed by Casino architect William Cottrell. Seller will also sell property across the street in order to meet development parking needs, as well as a liquor license for restaurant use. Please contact agents for more information.
PROPERTY FACTS
| Price | £3,976,460 | Apartment Style | Mid Rise |
| Price Per Unit | £72,299 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.30 AC |
| Sale Condition | Development Sale | Building Size | 61,865 SF |
| No. Units | 55 | Number of Floors | 5 |
| Property Type | Multifamily | Year Built | 1911 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | £3,976,460 |
| Price Per Unit | £72,299 |
| Sale Type | Investment or Owner User |
| Sale Condition | Development Sale |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 61,865 SF |
| Number of Floors | 5 |
| Year Built | 1911 |
| Opportunity Zone |
Yes |
1 of 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 04-02402-0000-00003 | Improvements Assessment | £1,606,887 |
| Land Assessment | £697,630 | Total Assessment | £2,304,517 |
PROPERTY TAXES
Parcel Number
04-02402-0000-00003
Land Assessment
£697,630
Improvements Assessment
£1,606,887
Total Assessment
£2,304,517
ZONING
| Zoning Code | CBD Mixed Use (CBD Mixed Use) |
| CBD Mixed Use (CBD Mixed Use) |
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
704-720 Mattison Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.