Cap Rate
7%
$ per SF
$195
915-921 22Nd St, Union City, NJ, 07087
915-919 22nd St$2,327,000
Key Information
Tot. SF
11,900
$ per unit
$145
Units
16
Year Built
2024 R
Type
Apartments
NOI
$162,879
Highlights
- Value-Add Opportunity
- 16 Units
- 7.00% Cap Rate
- $145K Price Per Unit
- 1 Parking Spot
- Brick Building
- Strong unit mix of one- and two-bedroom apartments
- 3 New Boilers in 2024
- Laundry in Basement
- 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
D
David Ferber, CPALicense # 01469842 (NJ)
K
Kendra AntoineLicense # 2440903 (NJ)
Broker of Record
Patrick Forde
License # 2330333, 122887 (NJ)Matthews Real Estate Investment Services, LLC300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666