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217 Straight St
Paterson, NJ 07501 Eastside

$1,200,000 USD

Apartments For Sale  •  6,753 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,753 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 6.50 %
  • Zoning R3
63 Transit Score
97 Walk Score

Highlights

Prime Paterson CBD location
Upside with market rent growth
Flexible mixed-use configuration

Financial Summary (Actual)

Net Operating Income: $48,000 USD (2024)
Cap Rate: 6.50 %
Total Expenses: $12,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
Puerto Plata Inc

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • On-Site Retail
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 1 min 3 min 0.2 mi
Hawthorne (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 5 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 1 min 3 min 0.2 mi
AirportDriveWalkDistance
Newark Liberty International 26 min - 21.4 mi
LaGuardia 38 min - 24.7 mi
Westchester County 58 min - 40.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Arianna Nieves 201-463-3657 Serhant New Jersey LLC
Arianna Nieves 201-463-3657 Serhant New Jersey LLC