Bought with Madelin Zapata Hudson River Realty
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Key Details
Sold Price $1,975,000
Property Type Multi-Family
Sub Type Res/Com Mixed
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25006758
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Commercial Mixed-Use. Prime Investment Opportunity in Union City, NJ, featuring 10 res units and 1 com space (approx. 4,200 SF) that can be used as 1 large store or 2 separate stores. Located in a highly desirable area w/ heavy foot traffic, the commercial space is fully equipped with 2 separate HVAC units (5 tons each), 2 electric panels, and 2 ADA bathrooms. The store also features new plumbing, electric, and HVAC, ensuring a modern and efficient setup. Currently under construction, it offers a unique opportunity for customization. The property includes a high-ceiling basement, providing additional storage or functional space. The res units have a new boiler, and common areas were renovated in 2025. 2025 total assessed value: $2,262,000. Opportunity to install telecom towers for additional income and prior discussions with an architect for adding 4-6 extra residential units make this an exceptional investment opportunity. Buyer to do their own due diligence.
Location
State NJ
County Hudson
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Alexander Moldoff
Broker Associate | License ID: 1007988
Broker Associate License ID: 1007988