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4208 New York Ave
Union City, NJ 07087
Retail Property For Sale
EXECUTIVE SUMMARY
Welcome to this amazing opportunity of an investment property!!! This spectacular mixed use corner portfolio is the ideal package for any real estate investor. Nestled in the vibrant neighborhood of Union City, this gem consists of a 4 family home, a restaurant, a bar with a license, and 13 parking spaces along with storage facilities. This ideal investment can be held as a continuous stream of income or have the potential to be converted to a luxury building with commercial spaces on the ground level. It is ideally located near the iconic Bergenline Ave which offers miles of boutique & convenience stores, restaurants, and easy access to NYC transportation. Your dream investment awaits! call for a private tour today!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,569 SF
Building Class
C
Year Built
1910
Price
$2,600,000
Price Per SF
$466.87
Cap Rate
5.69%
NOI
$147,960
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.74
Lot Size
0.17 AC
Zoning
R, Union City
Parking
13 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 10-00246-0000-00016 | Improvements Assessment | $274,500 |
| Land Assessment | $1,080,000 | Total Assessment | $1,354,500 |
PROPERTY TAXES
Parcel Number
10-00246-0000-00016
Land Assessment
$1,080,000
Improvements Assessment
$274,500
Total Assessment
$1,354,500
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