1716 Bergenline Ave - Apartments FOR SALE


Union City, NJ 07087
$1,249,900 USD
201-766-2565
1716 Bergenline Ave, Union City, NJ for Sale
$1,249,900 USD
Apartments - FOR SALE
1/10
null | 8.08% Cap Rate

1716 Bergenline Ave
Union City, NJ 07087


HIGHLIGHTS

  • 8 Units Building $135,840.00 Annual Rental Gross Income

OVERVIEW

High-Cap Investment Alert! 8-Unit Mixed-Use Building Generating $135,840 Annual Gross Income Exceptional Opportunity for Savvy Investors: Secure a high-yield, turn-key asset with this well-maintained mixed-use property. Featuring 6 income-producing residential units and 2 prime commercial storefronts, this building offers immediate, diversified cash flow. Strong Financials: Current Annual Gross Income of $135,840.00—ready to deliver significant returns from day one. Prime Transit Location: Located in a high-demand area with exceptional foot traffic and direct, easy access to NYC transportation, ensuring minimal vacancy rates and long-term tenant stability (both residential and commercial). Built-in Value & Stability: The combination of residential and commercial tenants provides a balanced risk profile and consistent income stream, ideal for long-term wealth building. High Visibility & Desirability: Surrounded by established shops, restaurants, banks, parks, and schools, maximizing the value and appeal of the commercial spaces while attracting quality residential tenants. Don't miss this rare opportunity to acquire a robust, high-performing mixed-use property in a strategic location. Contact us today for a confidential financial breakdown and to schedule your private tour.

FOR SALE DETAILS

PRICE

$1,249,900 USD

PRICE/SF

$237 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,317

CAP RATE

8.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

commercial

APN/PARCEL ID

10-00090-0000-00016

ASK ABOUT THIS PROPERTY

Gustavo SantacruzAccess Homes RealtyMore Info
201-766-2565

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Gustavo SantacruzAccess Homes RealtyMore Info
201-766-2565

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.