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4102-4106 New York Ave

Union City, NJ 07087
  • $599,048
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 220013504
UPDATED: 82 min ago
$599,048
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 3
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Excellent opportunity to add this great investment asset to your portfolio!!! Income producing commercial property with a good rate of return. This property is strategically located in one of the most commercial and heavy traffic streets in Union City. It offers 3 Commercial stores about 575 Sqft each unit on first floor, plus 500 sqft each unit for private storage in the basement (each storage is separated by a wall and has its own private entrance), new bathrooms, new flooring, updated some of the electricity and plumbing, roofing etc. The Tenants currently are in a Gross lease, each tenant pay their own Utilities (gas, hot water, electricity and heat). Rent roll: $1,863, $1,552.50 and $1,552.50. Gross yearly Income: $59,616.00 Expenses: $19,775.00, NOI: $39,841.00. This property is in great conditions it was 90% remodeled in 2019. Hurry a must see!!!!!

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© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-08-17T08:25:47.313.
www.teambraconihomesales.com/homes/131273494
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4102-4106 New York Ave Union City, NJ 07087

  • Price: $599,048
  • Status: Active
  • On Site: 21 Days
  • Updated: 82 min ago
  • MLS #: 220013504
0
Beds
0
Baths
3
½ Baths
N/A
Acres
Neighborhood:
Union City
County:
Hudson
Area:
Union City
Property Description
Excellent opportunity to add this great investment asset to your portfolio!!! Income producing commercial property with a good rate of return. This property is strategically located in one of the most commercial and heavy traffic streets in Union City. It offers 3 Commercial stores about 575 Sqft each unit on first floor, plus 500 sqft each unit for private storage in the basement (each storage is separated by a wall and has its own private entrance), new bathrooms, new flooring, updated some of the electricity and plumbing, roofing etc. The Tenants currently are in a Gross lease, each tenant pay their own Utilities (gas, hot water, electricity and heat). Rent roll: $1,863, $1,552.50 and $1,552.50. Gross yearly Income: $59,616.00 Expenses: $19,775.00, NOI: $39,841.00. This property is in great conditions it was 90% remodeled in 2019. Hurry a must see!!!!!
Exterior Features

Construction Brick Lot Size 44X50 Number Parking Spaces 0 Stories 1

Interior Features

Sprinklers None

Property Features

Approximate Building Age 1960 Commercial Type Investment Elevators No Flood None Free Standing Yes Fuel Gas Green Card Yes Gross Income 61200 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses 3600 Phase 3 Phase Rent Control No Taxes 14992

Listing provided courtesy of Kw Commercial:201-939-0050.


© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-08-17T08:25:47.313.
 
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