SOLD! 4,000± SF Commercial Lot in Atlantic City’s Central Business District

  • $120,000
2 South New York Ave
  • Land
  • Property Type

SOLD! 4,000± SF Commercial Lot in Atlantic City’s Central Business District

2 South New York Ave
  • $120,000

Overview

Property ID: LCRE-LCRE-5350
  • Land
  • Property Type
  • Address 2 South New York Ave
  • State/county New Jersey
  • Zip/Postal Code 08401

Details

Updated on September 16, 2022 at 1:04 pm
  • Property ID: LCRE-LCRE-5350
  • Price: $120,000
  • Property Type: Land
  • Property Status: Sold
  • Block #: 151
  • Lot #: 12 & 13
  • Lot Dimensions: 40' X 100'
  • Lot Size: 4,000
  • Frontage: 40'
  • Zoning: CBD
  • Total Assessment: $110,000
  • Assessed Land Value: $100,000
  • Improvement Value: $10,000
  • Tax: $14,243
  • Tax Year: 2019
  • Location: Business District
  • Style: Commercial

Description

4,000± SF commercial lot in Atlantic City’s Central Business District. Previous use was as a parking lot. Lot has curbing and lighting in place. CBD zoning allows for: Multi-family, low-rise residential; Mixed-use; Retail sales; Wholesale establishments; Personal services; Restaurants; Bars and craft breweries and distilleries; Educational uses, college, and instructional uses; Big box stores; Supermarkets; Institutional uses; Government use; Business-to-business providers of goods and services, including, data processing and storage centers; Parks; and Pop-up uses.

All information is from sources deemed to be reliable; however, no warranty or representation is made as to the accuracy of the information provided herein by LEVIN Commercial Real Estate, LLC. (its principals, employees or agents). All information is submitted subject to errors, omissions or changes of availability and/or terms, which may be changed without liability upon discovery or notice. Many factors affect property value and the prospect agrees to take full responsibility for adequately investigating any potential conditions that may affect their ownership or usage of the property. All are advised and expected to retain competent advice for legal, financial, construction, architectural, engineering or appraisal matters, or any similar expertise, as LEVIN Commercial Real Estate, LLC. is a real estate brokerage firm and does not represent itself as a qualified professional in any other discipline.

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Lee Jerome
  • Lee Jerome