514 Monastery Pl - Office/Residential FOR SALE


Union City, NJ 07087
$899,000 USD
201-450-2508
514 Monastery Pl, Union City, NJ for Sale
$899,000 USD
Office/Residential - FOR SALE
1/46
null | 6.42% Cap Rate

514 Monastery Pl
Union City, NJ 07087


HIGHLIGHTS

  • Mixed Use Building for Sale
  • Turn-Key Recording Studio
  • 4 units - 1 commercial 3 residential
  • Great location close to NYC transportation and NJ highways

OVERVIEW

Mixed use investment property for sale including three residential apartments and one commercial space. The commercial space is built-out as a commercial recording studio and is currently in operation on a month to month lease. The recording studio business is also available for sale along with all the equipment. The three spacious apartments are all occupied and also on month to month leases. The two story building has over 4,000 sq ft of usable space across two floors. Located a few short blocks away from the Weehawken & Union City Reservoir Park and NYC bus routes. A plethora of restaurants and shopping around the corner of Bergenline Ave, plus just a short ride down to Hoboken.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

6.42%

% LEASED

100%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1893

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,648 SF

ZONING

R2

APN/PARCEL ID

10-00109-0000-00035

ASK ABOUT THIS PROPERTY

Daniel FleisherLiberty Realty, LLCMore Info
201-450-2508

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Daniel FleisherLiberty Realty, LLCMore Info
201-450-2508

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