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500 Central Ave
Union City, NJ 07087
The Lenox · Multifamily Property For Sale
·
307 Units
Property Facts
| No. Units | 307 | Lot Size | 0.60 AC |
| Property Type | Multifamily | Building Size | 307,648 SF |
| Property Subtype | Apartment | No. Stories | 16 |
| Apartment Style | Hi-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| No. Units | 307 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 307,648 SF |
| No. Stories | 16 |
| Year Built | 1925 |
| Parking Ratio | 0.82/1,000 SF |
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
About 500 CENTRAL AVE , UNION CITY, NJ 07087
Turnkey Bagel Shop business with property included! Control your destiny and start making money from day one! The property is part of the building with direct access to Lenox Building (500 Central Avenue, Union City). The Lenox building is a 300 unit full Amenity Building with 24 hours Doorman & Concierge, State of The of Art Gym, Community Room and Resident Garden, private Shuttle Service to Hoboken PATH during Morning & Evening Rush Hours. Minutes to NYC Via-Bus Service to Midtown at your Door. Close to All Major Highway, Neighboring Jersey City Heights and Hoboken and Only 2 Blocks to Washington Park. 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 shop 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. Purchase this unique combo and you're able to control your outcome by keeping your operating income low and maximizing your net profit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 307 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,804,000 | |
| Land Assessment | $3,933,600 | Total Assessment | $8,737,600 |
Property Taxes
