4535 Broadway, Union City, NJ 07087
7 Unit Apartment Building | $1,150,000 ($164,286/Unit) | 5.57% Cap Rate | Union City, NJ 07087
For Sale
Active
2 pictures
Asking Price $1,150,000
- Property Type
-
Multifamily
- Square Feet
- 4,410 SF
Listing Contacts
- Property Info
Property Overview
The Elia Realty Group (ERG) and Ryan Cooper powered by KW Commercial, are proud to present an exciting new opportunity to own this (x7) unit income producing investment sale.
Explore the potential of this exceptional 7-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights:
Catering to varied tenant needs with a well-balanced assortment of 1 & 2-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income.
Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.
Explore the potential of this exceptional 7-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights:
Catering to varied tenant needs with a well-balanced assortment of 1 & 2-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income.
Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.
Property Details
- Class
- C
- Year Built/Renovated
- 1920/2022
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential, Office/Residential
- Lot Size (sq. ft)
- 2,614 SF
- Units
- 7
Highlights
- Strategically Located just miles from NYC
- Annual Registered Rental Increases of 3% per year
- Additional Value Add Components | Newly Renovated Apartments
- Taxes $12,100/year
- Lot Size: 2,553 SF | Lot Size Price Per SF: $489/ft
- Building Size: 4,900 SF
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].