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526 Lincoln St
Union City, NJ 07087
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6-unit multifamily building with garage parking and a mix of one- and three-bedroom units.
- Prime Union City location just under 20 minutes from Midtown Manhattan via public transit.
- Building is a 2-minute walk to JFK Blvd at 43rd St bus stop with direct Manhattan access.
- Offered at a 7.00% cap rate and $161,000 per unit, providing strong investment value.
- Tenants pay cooking gas and electric; landlord covers heat, hot water, and water/sewer.
- Strong renter demand and limited new supply support long-term rental stability.
Property Facts
| No. Units | 6 | Building Class | C |
| Property Type | Multifamily | Building Size | 4,800 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Zoning | R | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 4,800 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | R |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 10-00254-0000-00034 | Improvements Assessment | $547,400 |
| Land Assessment | $360,000 | Total Assessment | $907,400 |
Property Taxes
Parcel Number
10-00254-0000-00034
Land Assessment
$360,000
Improvements Assessment
$547,400
Total Assessment
$907,400
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