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201 6th Avenue
Asbury Park, NJ 07712

$5,950,000





Listing #: 22109673

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Property Description
One of a kind opportunity to own, expand or redevelop one of Asbury Park's prime properties. The Oceanic Hotel is a two-story 50 room hotel with water views. This property has not been updated, and is being sold AS-IS, subject to only standard inspections. Owner is looking for a quick closing. Located in Asbury Park's desirable prime Waterfront Redevelopment Zone (WPRA), allows up to 8 stories, 100% coverage, and open to condos, apts, hotel and ideas. Parking ratio will dictate number of units, with every condo requiring 1.5 spaces or every hotel room requiring1 space. More information available, but must sign NDA.

Property Details
Area:NE Asbury PkStories:2.0
Acreage:12.07Basement:Slab
County:MonmouthHandicap:No
Lot Dims:134 x 175New Construction:No
Taxes:39654.00Tax Year:2019
Year Built:1970Flooring:Concrete, Part Carpet
Heat/AC:AC Window Units, Electric, Heat PumpHeat Fuel:Natural Gas
Lot Desc:Fenced/Enclosed Area, Oceanside, SidewalksRoof:Flat
Water Heater:Natural Gas  
Listing Courtesy of: Davis Realtors

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