Log In/Sign Up
Your email has been sent.
3,456 SF Former Restaurant | For Sale 4105 Park Ave 3,456 SF Retail Building Union City, NJ 07087 $1,498,888 ($433.71/SF) 8.07% Cap Rate
INVESTMENT HIGHLIGHTS
- 3,456 SF | Restaurant w/ Kitchen | Former Hookah Lounge
- Renovated in 2018 with Floor Drains and Kitchen Exhaust
- High visibility and foot traffic potential
- Singular, adaptable unit | Zoned for commercial retail use
- Ideal for any retail, street retail, or office fitting tenants
- 3 Miles to NYC
EXECUTIVE SUMMARY
Introducing an exceptional retail / restaurant investment opportunity in the heart of Union City New Jersey. This historic property, built in 1898 and renovated in 2018, offers a prime 3,456 SF retail space ideal for forward-thinking investors. Boasting commercial retail zoning and featuring a singular, versatile unit, this property presents an attractive canvas for retail and street retail endeavors. The location offers the potential for high visibility and foot traffic in this thriving market. A unique blend of historical charm and modern functionality, this property is poised to elevate any retail venture's success in this dynamic and sought-after Northern New Jersey location.
FINANCIAL SUMMARY (PRO FORMA - 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,456 SF
Building Class
C
Year Built
1898
Price
$1,498,888
Price Per SF
$433.71
Cap Rate
8.07%
NOI
$120,960
Tenancy
Single
Building Height
1 Story
Building FAR
1.32
Lot Size
0.06 AC
Zoning
R-MF - General retail commercial.
Frontage
11’ on Park Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-00243-0000-00017 | Total Assessment | $806,100 (2025) |
| Land Assessment | $325,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $481,100 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10-00243-0000-00017
Land Assessment
$325,000 (2025)
Improvements Assessment
$481,100 (2025)
Total Assessment
$806,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3,456 SF Former Restaurant | For Sale | 4105 Park Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.