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300 49th St
Union City, NJ 07087
Retail Property For Sale
Executive Summary
Exceptional investment opportunity in the heart of Union City! This 9-unit multifamily building offers strong rental income potential in a prime location just minutes from NYC transportation, shopping, and dining. Well-maintained with solid tenant history, this property is ideal for investors seeking long-term value.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,600 SF
Building Class
C
Year Built
1962
Price
$1,390,000
Price Per SF
$248.21
Cap Rate
10.86%
NOI
$150,948
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.67
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R
Frontage
26’ on 49th
Property Taxes
| Parcel Number | 10-00284-0000-00001 | Improvements Assessment | $921,100 |
| Land Assessment | $420,000 | Total Assessment | $1,341,100 |
Property Taxes
Parcel Number
10-00284-0000-00001
Land Assessment
$420,000
Improvements Assessment
$921,100
Total Assessment
$1,341,100
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