4407-4411 Park Ave - Loft/Creative Space FOR SALE


Union City, NJ 07087
$2,200,000 USD
201-696-8549
4407-4411 Park Ave, Union City, NJ for Sale
$2,200,000 USD
Loft/Creative Space - FOR SALE
1/22
null | 7.69% Cap Rate

4407-4411 Park Ave
Union City, NJ 07087


HIGHLIGHTS

  • EXCEPTIONAL COMMERCIAL OFFICE BUILDING FOR SALE : PRIME UNION CITY PARK AVENUE BOARDER WEEHAWKEN.
  • The building is currently configured with 7 individual suites and includes 4 half bathrooms & ample parking.
  • Occupancy Flexibility: This asset can be delivered either vacant for immediate owner occupancy or with an existing tenant in place for seamless income

OVERVIEW

EXCEPTIONAL COMMERCIAL OFFICE BUILDING FOR SALE : PRIME UNION CITY PARK AVENUE LOCATION! A truly rare and outstanding opportunity awaits to acquire a highly desirable commercial office building located at 4407-4411 Park Ave in Union City, New Jersey. This expansive property presents significant potential for owner-operators or investors alike, offering flexibility and superb condition in a sought-after location. Property Highlights & Features: -Size and Configuration: The building is currently configured with 7 individual suites and includes 4 half bathrooms, providing versatile options for various business types and multi-tenant occupancy. -Parking: A crucial advantage in this dense area, the property boasts 5+ dedicated parking spaces. Basement Potential: The basement area is fully finished and offers valuable additional space, perfectly suited for use as extra storage or potentially as an additional office area. -Condition: The entire building is maintained in very good condition, minimizing immediate capital expenditure for the new owner. -Occupancy Flexibility: This asset can be delivered either vacant for immediate owner occupancy or with an existing tenant in place for seamless income generation, depending on the buyer's preference. -Location and Accessibility: Prime Border Location: Strategically situated on the border of Weehawken, the property benefits from proximity to its affluent and desirable neighboring municipality. -Unparalleled NYC Access: The location offers the utmost convenience with 24-hour New York City transportation readily available, making it highly attractive to employees, clients, and customers commuting from Manhattan and beyond. This property represents an ideal investment for those seeking a well-maintained, versatile commercial space with excellent transportation links and high visibility in a thriving area.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R-MF

APN/PARCEL ID

10-00259-0000-00018

ASK ABOUT THIS PROPERTY

Gustavo SantacruzAccess Homes RealtyMore Info
201-696-8549

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Gustavo SantacruzAccess Homes RealtyMore Info
201-696-8549

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