3300 Palisade Ave - Apartments FOR SALE


Union City, NJ 07087
$1,983,000 USD
201-218-9156
3300 Palisade Ave, Union City, NJ for Sale
$1,983,000 USD
Apartments - FOR SALE
1/4
null | 6.75% Cap Rate

3300 Palisade Ave
Union City, NJ 07087


HIGHLIGHTS

  • 7 units with 6.75% cap rate and 100% occupancy & collections
  • 3 commercial units and 4 residential units with 9-car parking lot
  • Tenants pay for heat, hot water, cooking gas, & electric
  • 3-minute walk to bus stop with 10-minute trip to Midtown Manhattan
  • 10-15 minutes to NYC and minutes from Hoboken
  • Union City is the most densely populated city in the United States

OVERVIEW

Broker Of Record Patrick Forde Matthews Real Estate Investment Services, Inc 122887, 2330333 (NJ) 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,983,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

7

PRICE/UNIT

$283,286

CAP RATE

6.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3300 Palisade Ave & 210-214 33rd St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,470 SF

ZONING

RMF

APN/PARCEL ID

10-00200-0000-00001

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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