Union City, NJ 07087,4102-4106 NEW YORK AVE
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Union City, NJ 07087,4102-4106 NEW YORK AVE
Union City, NJ 07087,4102-4106 NEW YORK AVE

$580,000

Est. payment /mo

$599,048

3.2%
Est.Price: ?

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4102-4106 NEW YORK AVE Union City, NJ 07087

1.5 Baths

SOLD DATE : 09/16/2022

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 its’ 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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Listed by KW COMMERCIAL
Bought with EXP REALTY LLC
Michelle Burroughs
Michelle Burroughs

Broker Associate

+1(908) 224-0499 | michellesellshomes@mbarealtor.com

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