344 Paterson Plank Rd, Jersey City, NJ 07307

Property Description

LOCATION. LOCATION. LOCATION!!!! BUY THE POSITION. BUILD THE UPSIDE. RARE JERSEY CITY HEIGHTS DEVELOPMENT OPPORTUNITY.Acquire THREE FULL FLOORS at 344 Paterson Plank Road in one bulk transaction. Over 4,250 combined sq. ft. Majority Building Ownership. Extra-deep development lot. Palisade Avenue easement access. Architectural plans for the first phase of vertical expansion.This offering gives an investor or developer substantial ownership and scale with multiple potential strategies to create value. Located near the Congress Street / 9th Street Light Rail with access to Hoboken, Downtown Jersey City, NJ Transit, PATH connections, restaurants, cafes, parks, and major commuter routes.Unit 2: approx. 1,400 sq. ft., 2 oversized bedrooms, large balcony, private elevator entry, NYC skyline views, multi-level layout. Unit 3: approx. 1,300 sq. ft., full-floor residence, 2 oversized bedrooms, NYC skyline views. Penthouse: approx. 1,530 sq. ft., 3 bedrooms plus den, 2 full baths, private elevator entry, NYC skyline views, radiant floor heating, custom millwork, premium appliances, smart-home features.MULTIPLE POTENTIAL VALUE-CREATION AND EXIT STRATEGIES.BULK SALE ONLY. Unit 2, Unit 3, and the Penthouse must be purchased together. Architectural plans and supporting due diligence materials are available for review. Condominium governing documents will be provided once in Attorney Review.