$580,000
$599,048
3.2%For more information regarding the value of a property, please contact us for a free consultation.
4102-4106 NEW YORK AVE Union City, NJ 07087
1.5 Baths
Key Details
Sold Price $580,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 220013504
Sold Date 09/16/22
Half Baths 3
Annual Tax Amount $14,992
Lot Dimensions 44x50
Property Sub-Type Investment
Property Description
Excellent opportunity to add this great investment asset to your portfolio!!! Income producing commercial property with a good rate of return. This property is strategically located in one of the most commercial and heavy traffic streets in Union City. It offers 3 Commercial stores about 575 Sqft each unit on first floor, plus 500 sqft each unit for private storage in the basement (each storage is separated by a wall and has itsâ own private entrance), new bathrooms, new flooring, updated some of the electricity and plumbing, roofing etc. The Tenants currently are in a Gross lease, each tenant pay their own Utilities (gas, hot water, electricity and heat). Rent roll: $1,863, $1,552.50 and $1,552.50. Gross yearly Income: $59,616.00 Expenses: $19,775.00, NOI: $39,841.00. This property is in great conditions it was 90% remodeled in 2019. Hurry a must see!!!!!
Location
State NJ
County Hudson
Area Union City
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Bought with EXP REALTY LLC





