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803 22nd Street, Union City, NJ, 07087

803 22nd Street
$1,718,000

Key Information

Cap Rate
6.65%
$ per SF
$220
Tot. SF
7,800
Units
13
Year Built
1900
Type
Apartments
NOI
$114,275

Highlights

  • Value-Add Opportunity
  • 12 Residential Units
  • 1 Commerical Unit
  • $132K Price Per Unit
  • 6.65% Cap Rate
  • Brick Building
  • Renovated Units
  • Less than 20-minute commute to Midtown Manhattan
  • Separately Metered
  • Tenants pay for cooking gas, & electric
  • Landlord pays for heat, water/sewer & common area electric
  • Prime Location in Union City
  • The building is approximately a 9-minute walk to the 30th St at Summit Ave bus stop which provides a 15-minute bus ride directly to Midtown Manhattan.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 2330333, 122887 (NJ)
(866) 889-0550
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666