Property Description

SOLD! Mixed use building with development opportunity. Fully leased with substantial, long-term tenants Significant, positive cash flow. Perfect for investor, 1031 exchange, Developer...Approvals for 17,290 additional square feet of commercial space. 32,500 square feet mixed use building consisting of office/flex/industrial/commercial/educational space. Plus, two stunning 4 bedroom/4 bath Penthouse apartments with Manhattan views and Montclair sunset I-Beam grid and columns continue through the roof: No foundation or pilings needed Built on bedrock. Fully sprinklered with central station smoke alarm Fully renovated in 2008: Three story glass atrium entrance New roof, windows, Elevator / 3-phase 800A service, electrical, lighting and HVAC. Custom blinds. Full renovation of penthouse residences. C-of-O. 2020 Renovation: Fire sprinklers. Fire alarm system. New HVAC in some spaces. New commercial bathrooms. New fire egress corridors. Updated C-of-O. Renovated and subdivided in 2020: HVAC, electrical, utilities individually metered for all twenty tenants. Two driveways and Front lawns can be paved for additional parking Minutes from Lincoln Tunnel, Holland Tunnel and PATH. 800A three-phase electrical service. One block to bus to Port Authority.

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Andrew Botticelli