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2317 New York Avenue

Union City NJ 07087

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Currently for sale - view listing

Overview

RARE 10 UNIT INVESTMENT OPPORTUNITY RIGHT ON THE BORDER OF WEEHAWKEN/UNION CITY WITH A POTENTIAL CAP RATE OF 6.5%! 10 UNIT BUILDING WITH 3 CAR DETACHED PARKING. ALL UNITS RENTED. 9 1BR'S AND ONE 3BR/2BA WITH PRIVATE USE OF DECK AND BACKYARD, STORAGE AND PARKING ON FIRST FLOOR. MOST UNITS ON MONTH AND MONTH. PROPERTY GROSS RENT AROUND $139, 000/YEAR WITH PARKING. ALMOST ALL UNITS ON MONTH TO MONTH LEASES.

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Happy sellers in Union City

92%
92% of sellers in Union City reported that their sale price either exceeded or met their price expectations.

Union City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Union City over the last 12 months.

Local market activity for other properties in Union City

In the last 12 months, 41 other properties similar to 2317 New York Avenue, have been sold.

This represents a 8% decrease in other properties sales when compared to the previous 12 months.

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