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1716 Bergenline Ave 6 Unit Apartment Building $1,249,900 ($208,317/Unit) 8.08% Cap Rate Union City, NJ 07087



Investment Highlights
- 8 Units Building $135,840.00 Annual Rental Gross Income
Executive Summary
High-Cap Investment Alert! 8-Unit Mixed-Use Building Generating $135,840 Annual Gross Income
Exceptional Opportunity for Savvy Investors: Secure a high-yield, turn-key asset with this well-maintained mixed-use property. Featuring 6 income-producing residential units and 2 prime commercial storefronts, this building offers immediate, diversified cash flow.
Strong Financials: Current Annual Gross Income of $135,840.00—ready to deliver significant returns from day one.
Prime Transit Location: Located in a high-demand area with exceptional foot traffic and direct, easy access to NYC transportation, ensuring minimal vacancy rates and long-term tenant stability (both residential and commercial).
Built-in Value & Stability: The combination of residential and commercial tenants provides a balanced risk profile and consistent income stream, ideal for long-term wealth building.
High Visibility & Desirability: Surrounded by established shops, restaurants, banks, parks, and schools, maximizing the value and appeal of the commercial spaces while attracting quality residential tenants.
Don't miss this rare opportunity to acquire a robust, high-performing mixed-use property in a strategic location. Contact us today for a confidential financial breakdown and to schedule your private tour.
Exceptional Opportunity for Savvy Investors: Secure a high-yield, turn-key asset with this well-maintained mixed-use property. Featuring 6 income-producing residential units and 2 prime commercial storefronts, this building offers immediate, diversified cash flow.
Strong Financials: Current Annual Gross Income of $135,840.00—ready to deliver significant returns from day one.
Prime Transit Location: Located in a high-demand area with exceptional foot traffic and direct, easy access to NYC transportation, ensuring minimal vacancy rates and long-term tenant stability (both residential and commercial).
Built-in Value & Stability: The combination of residential and commercial tenants provides a balanced risk profile and consistent income stream, ideal for long-term wealth building.
High Visibility & Desirability: Surrounded by established shops, restaurants, banks, parks, and schools, maximizing the value and appeal of the commercial spaces while attracting quality residential tenants.
Don't miss this rare opportunity to acquire a robust, high-performing mixed-use property in a strategic location. Contact us today for a confidential financial breakdown and to schedule your private tour.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,249,900 | Apartment Style | Low-Rise |
| Price Per Unit | $208,317 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 8.08% | Building Size | 5,274 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | commercial - multi family | ||
| Price | $1,249,900 |
| Price Per Unit | $208,317 |
| Sale Type | Investment |
| Cap Rate | 8.08% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,274 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | commercial - multi family |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 10-00090-0000-00016 | Improvements Assessment | $677,800 (2025) |
| Land Assessment | $390,000 (2025) | Total Assessment | $1,067,800 (2025) |
Property Taxes
Parcel Number
10-00090-0000-00016
Land Assessment
$390,000 (2025)
Improvements Assessment
$677,800 (2025)
Total Assessment
$1,067,800 (2025)
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1716 Bergenline Ave
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