2513 West St - Apartments FOR SALE


Union City, NJ 07087
$1,095,000 USD
973-809-7045
2513 West St, Union City, NJ for Sale
$1,095,000 USD
Apartments - FOR SALE
1/26
null | 7.09% Cap Rate

2513 West St
Union City, NJ 07087


HIGHLIGHTS

  • Direct NJ Transit bus access to Manhattan
  • Close proximity to the Lincoln Tunnel
  • Access to all major highways including Route 495 and the NJ Turnpike
  • Strong local retail, restaurants, and neighborhood amenities
  • Desirable Location

OVERVIEW

Century 21 Preferred is pleased to present 2513 West St., a prime multifamily investment opportunity in the heart of Union City, NJ. Location Overview – Union City, New Jersey. Union City is one of the most densely populated municipalities in Hudson County, known for its strong rental demand and proximity to Manhattan. Located just minutes from New York City, the area benefits from: • Direct NJ Transit bus access to Manhattan • Close proximity to the Lincoln Tunnel • Access to major highways including Route 495 and the NJ Turnpike • Strong local retail, restaurants, and neighborhood amenities Because of its commuter convenience and urban density, Union City continues to maintain strong rental occupancy and consistent investor demand. Investment Highlights Stable Cash Flow Fully occupied building producing reliable rental income. Desirable Two-Bedroom Layouts All units feature two-bedroom configurations, which remain highly desirable in the Union City rental market. Strong Cap Rate At the asking price, the property offers approximately a 7.09% cap rate, making it an attractive investment opportunity for multifamily investors. Low Maintenance Construction All-brick building provides durability and long-term value. Turnkey Income Property Well maintained with stable tenants and consistent income stream.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

7

PRICE/UNIT

$156,429

CAP RATE

7.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R

APN/PARCEL ID

10-00143-0000-00014

ASK ABOUT THIS PROPERTY

Diane RiveraC21 PreferredMore Info
973-809-7045

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Diane RiveraC21 PreferredMore Info
973-809-7045

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