198 Sussex

Estimated Monthly Payment: $67,016/mo 198 Sussex, Newark City, NJ 07103 MLS# 3482571 Commercial Listing Status: Active
536
855
0
47

REMARKS:

Great investment opportunity! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St.DEVELOPER'S DREAM! PACKAGE SALE with 66-88 Hecker St. & 33-39 Dickerson St. Zoned for Mix Use in prime location: Major portion of city square block for sale with huge upside potential. Property is located in the center of The Urban Enterprise re-development zone., close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: +/- 100,000 sq.ft. of warehouse space which generates high rental revenue. Tremendous upside value to re-develop. Strong cash flow in place to offset re-development approval and development down time. Seize the moment and own it! Great investment opportunity!

OVERVIEW:

Commercial
Active
See Remarks, Industrial Complex - Heavy
1980
0.28
Brick/Block
Flat
See Remarks, On-Street Parking
See Remarks
None
See Remarks, Central Air
Public Water
Public Available
See Remarks

FINANCIAL:

$14,400,000
$16,198
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of LIBERTY REALTY, LLC.

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Century 21 Joe Tekula Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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