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Massey Knakal Realty Services has been retained on an exclusive basis to sell a multifamily building at 333 West State Street announced David A. Simon, SIOR, Executive Managing Director. The property is located between Rutgers Place and Calhoun Street on the east bank of the Delaware River in Downtown Trenton, New Jersey. The asking price is $23,000,000.

The 15-story elevator building contains approximately 235,985 square feet and sits on a 169,884 square foot irregular lot.  It consists of 270 fair market residential units, ranging from studios to two-bedroom apartments, and six commercial spaces located on the ground floor.  The building’s amenities include 195 parking spaces, a 24-hour doorman, laundry facilities, and numerous apartments with river views and private balconies.  Current and previous ownership have maintained the property extremely well and improvements over the past 15 years include pointing, balcony renovations, new mailboxes, roof work, carpeting, an alarm system, and numerous apartment renovations.

Public transportation within the city of Trenton is easily accessible via the numerous local bus routes provided by New Jersey Transit.  Additionally, service to Central and Northern New Jersey and New York City is provided by New Jersey Transit, and service to Philadelphia is available by New Jersey Transit’s River Line which connects SEPTA at the Pennsauken Transit Center.  Express service provided by Amtrak can have tenants to either New York City of Philadelphia in less than one hour.

This property is being exclusively marketed by Massey Knakal’s Robert M. Shapiro and David A. Simon.

Click here for listing details

Neighborhoods: Other/ Agents: Robert Shapiro