513 Central Ave - Apartments FOR SALE


Union City, NJ 07087
$895,000 USD
513 Central Ave, Union City, NJ for Sale
$895,000 USD
Apartments - FOR SALE
1/1
null | 5.34% Cap Rate

513 Central Ave
Union City, NJ 07087


OVERVIEW

Discover a prime investment opportunity in the heart of Union City! This fully-rented six-family property offers stable, reliable income in a thriving community just moments from New York City. Surrounded by major retailers, diverse restaurants, parks, and a vibrant cultural scene, this property sits at the perfect intersection of urban convenience and neighborhood charm. Union City is known for its vibrant arts, lively community events, and a rich array of culinary experiences that tenants absolutely love. This dynamic atmosphere not only enhances tenant satisfaction but also helps maintain strong occupancy rates. Do not miss out on this opportunity! For more information or to schedule a tour, please have them contact me directly.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,167

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

R

APN/PARCEL ID

10-00021-0000-00008

ASK ABOUT THIS PROPERTY

Francesco MazzaferroTeam-Francesco Commercial LLCMore Info

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