500 Central Ave
Union City, NJ 07087
The Lenox · Multifamily Property For Sale
·
307 Units
Executive Summary
Commercial Condo Sales are rare! Control your destiny and start making money from day one! The property has direct access to Lenox Building (500 Central Avenue, Union City). The Lenox building is a 300 unit full service residential building located on an intersection of 4 streets with lots of foot traffic. Thomas Edison Elementary school, Union City swimming pool and Bruce D. Walter Recreation Center is right behind the building. There's also the option for catering to nearby offices, schools and banks. The area is up-and-coming and the retail condo will appreciate in value over-time. The location is already registered with cafe status Lite cooking facility convection, Panini grill, no exhaust venting. Reasonably priced for a quick sale!! Low Yearly Taxes $1,996 and Low Condo Monthly Maintenance Fee $196. It is a "Turn Key Sale" ready for take over establishment for the"Smart Buyer".
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Tile Floors
- Crown Molding
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Views
Site Amenities
- Concierge
- Courtyard
- Fitness Center
- Laundry Facilities
- Doorman
- Gameroom
- Shuttle to Train
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 307 | - | - |
