1117 New York Ave | Union City, NJ 07087
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1117 New York Ave
Union City, NJ 07087
Retail Property For Sale
Investment Highlights
- Corner lot with possible Development plans
- Heavy traffic area
- Prime Location
Executive Summary
Corner lot, Mixed-Use income-producing investment located in the hot market of Union City on New York Ave
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,472 SF
Building Class
C
Year Built
1915
Price
$1,899,000
Price Per SF
$293
Cap Rate
6.30%
NOI
$119,692
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.14 AC
Zoning
C-N - Neighborhood Commercial
Parking
10 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
50 FT on New York Ave
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 10-00052-0000-00006 | Improvements Assessment | $171,300 |
| Land Assessment | $672,000 | Total Assessment | $843,300 |
PROPERTY TAXES
Parcel Number
10-00052-0000-00006
Land Assessment
$672,000
Improvements Assessment
$171,300
Total Assessment
$843,300
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