512 Paterson Plank Rd

Investment Highlights

Highly dense population, corner, Traffic light location Exposed brick walls, Steel, and Concrete newly built by developer owner Seller Major Intersection

Executive Summary

Distress ASSET SALE. Jersey City population 286,670, The Heights is a neighborhood in Jersey City, New Jersey with a population of 68,049. 24% of Jersey City residents live in The Heights. The Heights is in Hudson County and is one of the best places to live in New Jersey. Living in The Heights offers residents a dense urban feel and most residents rent their homes. In The Heights there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in The Heights According to niche.com. The Seller is a Developer Investor. This iconic commercial building has been rebuilt, known for its recording studio history where Madonna and Frank Sinatra recorded. 10,000+/_ sf of commercial space. Estate of the art Kitchen, and Bar. Steel, Brick and Concrete built to last for Centuries. Real Estate offer FOR SALE. Valuable Liquor License, and Fixtures are included in the sale. Call 201-655-5255

• Sale Type    Investment
• Sale Condition    Distress Sale
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Fast Food General Retail Department Store Restaurant
• Building Size    10,000
• Building Class    C
• Year Built/Renovated    1887/2018
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Slab To Slab    12?
• Building FAR    1.64
• Land Acres    0.14 AC

• Bus Line
• Commuter Rail
• Signage
• Energy Performance Rating - A