Listed by Keller Williams Realty West Monmouth
$995,000
7.17 % Cap - Mixed Used - Union City - NJ
Details
APN 0910_240_15
Property Type Mixed Use
Square Footage 1,984
Net Rentable (SqFt) 1,984
Units 1
Cap Rate 7.17%
NOI $71,370
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 1
Lease Expiration 12/31/2024
Class C
Year Built 1908
Year Renovated 2024
Buildings 1
Stories 2
Lot Size (SqFt) 1,195
Zoning C
Investment Type Stabilized
Lease Commencement 01/01/2024
Ground Lease No
Investment Opportunity - Mixed Used - Union City - NJ
Marketing description
- Mixed-use and commercial investment appeal with potential for owner-user, investor, or redevelopment opportunities, subject to municipal approvals.
- Desirable urban infill location with limited availability of comparable commercial assets in the immediate market area.
- Strong demographics and population density support long-term tenant demand and occupancy stability.
- Opportunity to capitalize on continued growth and investment throughout the Hudson County marketplace.
- Convenient access to major employment centers, mass transit, and regional transportation networks.
- Suitable for retail, office, service-oriented businesses, or mixed-use occupancy depending on zoning and municipal approvals.
- Excellent long-term hold opportunity in one of Northern New Jersey's most active commercial markets.
Investment highlights
- Prime investment opportunity located on Bergenline Avenue, one of Hudson County's busiest and most established commercial corridors.
- Excellent visibility and frontage with significant daily pedestrian and vehicular traffic.
- Strategic location within the heart of Union City, serving a dense residential and commercial population.
- Strong accessibility via major roadways, public transportation, and nearby commuter routes to New York City.
- Surrounded by national retailers, local businesses, restaurants, and neighborhood services that drive consistent consumer activity.
Listing Contacts
Listed by Keller Williams Realty West Monmouth
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,370.00
$5,947.50/mo
Valuation Metrics
0
DSCR
7.17%
Cap Rate
7.17%
ROI
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