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Off market
  • $1,220,800

    1015 New York Ave, Union City, NJ 07087

    5beds
    7,500sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,220,800 Zestimate®
    $163/sqft
    $4,451 Estimated rent

    What's special

    Located in one of New Jersey' s premier investment cities, this extraordinary investment opportunity comprises of a three story mixed-use building with a 1,200 sf retail grocery store plus a three bedroom apartment, a two bedroom apartment and 4 car garage. All encompassed in a solid brick corner building being sold as is. The Building is being sold with the existing retail business which yields an impressive cap rate for any investor and is located on an excellent location on New York Avenue with doorstep transportation to Hoboken and NYC. This building is only one mile away from Hoboken and 3 miles from NYC. An investor willing to see the opportunity will appreciate the unobstructed rooftop views of downtown Manhattan, should you decide to build a rooftop deck or expand the living space over the garages.There is endless potential and investment opportunity with this property. Business included in the sale but can be bought separately from the building for $189,000. Business is "Willy's Groceries". All merchandise and equipment excluded from sale be can be negotiated. All offers must accompany a commitment letter and proof of funds.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Other, Hardwood
    • Basement: Partially finished
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 7,500 sqft

    Property

    Parking
    • Parking features: Carport, Off-street, Garage
    Lot
    • Size: 2,500 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Union City
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,220,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,220,800