4110-4120 New York Ave - Apartments FOR SALE


Union City, NJ 07087
$1,750,000 USD
201-218-9156
4110-4120 New York Ave, Union City, NJ for Sale
$1,750,000 USD
Apartments - FOR SALE
1/5
null | 7.29% Cap Rate

4110-4120 New York Ave
Union City, NJ 07087


HIGHLIGHTS

  • Brick buildings with strong unit mix of one-, two-, and three-bedrooms
  • Less than 30-minute commute to Midtown Manhattan
  • 2-minute walk to Bergenline Ave bus stop — 25-min ride to Midtown
  • Separately Metered. Tenants pay for heat, hot water, cooking gas & electric Landlord pays for water/sewer & common area electric.
  • 7.29% cap rate | $135K price per unit | $1,750,000 offering price
  • Value-add opportunity across 13 units in 3 buildings + Parking

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

13

PRICE/UNIT

$134,615

CAP RATE

7.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4010, 4110, & 4120 New York Ave, Union City,

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

N/Av

APN/PARCEL ID

10-00236-0000-00016,10-00241-0000-00016

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.