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Trenton Portfolio

2 Properties Offered at £1,580,020 in Trenton, NJ

Investment Highlights

  • Potential for multiple residential units, Full basketball court, Gymnasium, Auditorium, General purpose rooms, Kitchen, and drive-in
  • Parking for 8 plus

Executive Summary

Offering is a of two properties located on 127 Academy Street and 140 E. Hanover street. Both properties are vacant and will require extensive renovation and reinvention based on a new owner’s intended use.
Investor can benefit from Federal and State Tax credits as well as other incentives to facilitate redevelopment. The Federal Opportunity Zone program is designed to drive long-term capital investments. BUILDING REQUIRES EXTENSIVE RENOVATION!
If it's all cash we can do a better price. Two structures former YMCA building as is with no contingencies for zoning. The building is vacant and closed up, whoever purchases the property needs to know that they would need to go in front of the planning board.

Attachments

USE_YWCA_Flyer

Property Facts

Price £1,580,020
Price / SF £25.91 / SF
Sale Conditions Development Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 60,970 SF
Total Land Area 0.45 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Dunham Hall Residence - YMCA of Trenton
127 Academy St, Trenton, NJ 08608
Residential 24,595 SF 1924 -
140 E Hanover St, Trenton, NJ 08608 Speciality 36,375 SF 1950 -
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  • Listing ID: 31819656

  • Date on Market: 16/05/2024

  • Last Updated:

  • Address: Trenton Portfolio, Trenton, NJ

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