2505 Central Ave - Apartments FOR SALE


Union City, NJ 07087
$2,290,000 USD
646-633-5176
2505 Central Ave, Union City, NJ for Sale
$2,290,000 USD
Apartments - FOR SALE
1/25
null | 4.42% Cap Rate

2505 Central Ave
Union City, NJ 07087


OVERVIEW

Attention Investors! Opportunity at 2505 Central Avenue, Union City, NJ — an exceptional seven luxury 2bedrooms apartments. This meticulously renovated property invites you with its impressive 14 bedrooms and 8 bathrooms, perfect for a versatile living experience, spread across three floors and basement, showcasing three distinct layouts options, totaling over 4,000 sq ft. The property is essentially a new build within the exisiting shell boast a completely new foundation, roof and siding. Inside you will find new framing, energy sufficient windows and doors.The comprehensive upgrade extends to new plumbing ,electrical systems, sprinkler system ensuring reliability and safety. Step inside to discover a beautifully designed space featuring vinyl floors that enhance the contemporary aesthetic of this midrise building. Each unit is thoughtfully equipped with video intercome system, central air conditioning, ensuring a pleasant climate year-round, and boasts a convenient laundry setup. The heart of each unit is the contemporary kitchen, adorned with sleek finishes. stainelss steel appliances , ample storage space and soft closing cabinets crafted for both functionality and elegance. Modern bathrooms equipped with stylish vanity, tub or shower and walls with ceramic tiles. This building making it a standout choice in a sought-after location with easy access to major transportation routes,1-9, I-95, Lincoln tunnel, NYC Embrace the rental opportunity or condominium conversion at 2505 Central Avenue

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$567 USD /SF

# OF UNITS

7

PRICE/UNIT

$327,143

CAP RATE

4.42%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Aga SydorCompass Real EstateMore Info
646-633-5176

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Aga SydorCompass Real EstateMore Info
646-633-5176

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