199 W Broadway | Paterson City

$4,250,000 | 22 Baths (22 Half) | 0.0 Sq. Ft.

Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages. GSMLS 4008031

Directions to property: Main Street to W Broadway

MLS Listing ID: 
GSMLS 4008031
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
2022
Living Area: 
0.0
Basement: 
Partial
Construction
Construction Materials: 
Wood
Roof: 
Flat, Rubberized
Exterior: 
Vinyl Siding
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
22
Total Half-Bathrooms: 
22
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
4+ Units, Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Dimensions): 
50X100
Waterfront: 
0
Lot Features
Driveway: 
Parking Lot-Exclusive
Parking Type: 
Parking Lot-Exclusive
Public Record
Parcel Number: 
2508-00608-0000-00012-0000-
Lot Number: 
12
Annual Tax: 
$4,590.00
Property Zoning: 
Redevelopment
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
2/3/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
at closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
HAVEN REALTY