3300 Palisade Avenue
Prime Mixed-Use Investment: 6.89% Cap Rate Near Manhattan
Investment highlights
• 7 Units
• 6.89% Cap Rate
• 100% Occupancy & Collections
• 3 Commercial Units
• 4 Residential Units
• 9 Car Parking Lot
• 10 foot wide easement agreement with the Port Authority
• Tenants pay for heat, hot water, cooking gas, & electric
• Landlord pays for water/sewer & common area electric
• The building is approximately a 3-minute walk to the 30th St at Palisade Ave bus stop which provides a 10-minute trip into Midtown Manhattan
• The building is also a 5-minute walk to the Bergenline Avenue Station with access to NYC
• The property is located ±1.9 miles from the Lincoln Harbor Ferry Station which offers a direct route to the city
• 10-15 minutes to NYC and minutes from Hoboken & Historic Downtown Jersey City
• Union City is the most densely populated city in the United States
• Easy access to Garden State Parkway, I-95,I-78, Route 1 & 9 and more
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