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109 45th St 15,000 SF 100% Leased Office Building Union City, NJ 07087 $2,200,000 ($146.67/SF) 8.18% Cap Rate
EXECUTIVE SUMMARY
Prime industrial warehouse on a 114x135 lot, featuring high ceilings, flexible layout, and excellent access for loading and distribution. Perfect for storage, operations, or light manufacturing. Ideal for logistics, distribution, storage, or business operations. Located in a strategic area with easy access to major highways and transportation routes. Clean and efficient warehouse space with open floor plan and easy loading access. Perfect for businesses, storage, and day-to-day operations. Located near NYC transportation, shops, restaurants, banks, parks, and schools, this property is perfectly situated. Schedule a private tour today!
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
15,000 SF
Building Class
C
Year Built
1950
Price
$2,200,000
Price Per SF
$146.67
Cap Rate
8.18%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,000 SF
Building FAR
0.75
Lot Size
0.46 AC
Zoning
Industrial / Office
Parking
8 Spaces (0.53 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Security System
- Signage
- Storage Space
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Encorex Video Wall Systems
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Manchester Church of Christ
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Recom Trading LLC
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- The Style Coach LLC
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Walls Floors and More LLC
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Encorex Video Wall Systems | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Manchester Church of Christ | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Recom Trading LLC | - | - | - | Lorem Ipsum | Jan 0000 | |
| The Style Coach LLC | Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Walls Floors and More LLC | Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Number | 10-00259-0000-00031 | Total Assessment | $1,827,300 |
| Land Assessment | $1,625,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $202,300 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
10-00259-0000-00031
Land Assessment
$1,625,000
Improvements Assessment
$202,300
Total Assessment
$1,827,300
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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109 45th St
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