33-39 Dickerson St

Michelle Daniher

$14,400,000 | 33-39 Dickerson Street, Newark City, NJ 07103

Developer's dream! Package sale: 198-206 Sussex Street, 66-88 Hecker Street and 33-39 Dickerson Street. Total price: $14,400,000. Strong cash flow in place to offset re-development approval and development. Developer's dream. Package sale: 198-206 Sussex Street, 66-88 Hecker Street and 33-39 Dickerson Street. Total price of package is $14,400,000. Zoned for Mix Use in prime location. Located in the center of The Urban Enterprise re-development zone, close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport. Highlights: more or less 100,000 square feet 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. Warehouse/Distribution and potential for residential housing.

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For Sale

Status
1920

Year Built

Features & Amenities

Area & Lot

Lot Size: 0.19 Acres
Status: For Sale
MLS ID: 3485133
Year Built: 1920

Financial

Sales Price: $14,400,000

Property Highlight

“Located in the center of The Urban Enterprise re-development zone, close to Downtown, Interstate 280, NJIT, Rutgers, and Newark International Airport.”