NEWARK—Weichert Commercial Brokerage Inc. has been appointed as the exclusive agent for the 3-story, 50,000-sq.-ft. warehouse/storage facility located at 90 South Street in Newark.
Senior vice presidents C. Beth Krinsky and Patrick Masi will be handling the marketing of this property, which is being offered for sale with approved plans for a 143,000-sq.-ft. apartment/condo conversion. The building can be purchased with or without the approved plans.
90 South Street is a 3-story, 50,000-sq.-ft. industrial building located in Newark’s Ironbound District. The current building offers 2,400 sq. ft. of office space, 10 ft.-14 ft. ceilings, three tailboards, one drive-in door and heavy power. Parking is available on site.
The property has approved plans for conversion to a 7-story, 143,000-sq.-ft. apartment/condo complex consisting of 31 units and 8,000 sq. ft. of ground floor retail. The plans also include private, enclosed parking (62 spaces), a residence center and roof garden.