Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. A rare opportunity to acquire a prominent corner property with substantial upside in one of Paterson's most desirable locations. Property being sold strictly as-is.
Listed By
Agency Name: REALTY EMPIRE, LLC
Agency Contact: 973-510-2260
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
Estimated Payment
$ 2,425.60 per month $1,778.23 Principal & Interest $414.33 Property Tax $233.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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523 Park Ave | MLS# 4036074
This multi-family property located at 523 Park Ave, Paterson, NJ 07504 is currently listed for sale with an asking price of $799,000. Search Paterson real estate on mainlinemanny.realtymark.net today.