608-610 NEW YORK AVE New Jersey

608-610 NEW YORK AVE
Union City NJ 07087

Property

Ownership: income-property
Rooms: 2
Bathrooms: 3
Pets: Pets Allowed

Financials

Price: $1,048,000
Annual Taxes: $20,881
140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of AVENUE RESIDENTIAL ()

Description

Two adjacent mix-use buildings on 50x100 combined lot. Can be sold separately or together. Three retail spaces with half baths on New York Ave with easy access to bus into NYC and major highways. 2nd floor with three apartments, 1 bedroom, 1 bath and 1 bedroom + den, 1 bath, and 2 bed, 1 bath, recently renovated. Collect immediate income of over $84,000 annual (over 5.6% net cap rate) and hold as an investment or open that business you always wanted. Prime for future development plans! Located within special opportunity zone. Do not disturb tenants. Contact agent for access. Note this property requires a commercial loan unless owner occupied.

Neighborhood

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608-610 NEW YORK AVE New Jersey

Description

Two adjacent mix-use buildings on 50x100 combined lot. Can be sold separately or together. Three retail spaces with half baths on New York Ave with easy access to bus into NYC and major highways. 2nd floor with three apartments, 1 bedroom, 1 bath and 1 bedroom + den, 1 bath, and 2 bed, 1 bath, recently renovated. Collect immediate income of over $84,000 annual (over 5.6% net cap rate) and hold as an investment or open that business you always wanted. Prime for future development plans! Located within special opportunity zone. Do not disturb tenants. Contact agent for access. Note this property requires a commercial loan unless owner occupied.

Neighborhood

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