50 Unit Approved Building Site W/Foundation
555 Main Street, Paterson, NJ
For Sale
Development
Mixed Use
Market Price
Price
Multifamily
Development Type
50,000 sqft
Building Size
Overview
Development Type
Multifamily
Building Size
50,000 sqft
Lot Area
12,500 sqft
Zoning
MU
Permits
Yes
Construction Status
Foundation
HVAC
yes
Floor
5
Investment Strategy
Opportunistic
Description
Unique opportunity to acquire a building site located in Area 11 of Paterson’s Redevelopment District in the Multi-Family Residential Zone. With a foundation already in place, the 12,500 SF property has been approved for a 6-story, 50 unit apartment building with parking on the ground level for 30 vehicles.
Highlights
- Approved 6-story, 50 unit apartment building
- parking on the ground level for 30 vehicles
Documents
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Taylor_Court_Executive_Summary__1_.pdf
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