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