1408 NEW YORK AVE, Union City, NJ 07087

Other
THB ฿33,807,500
USD $1,000,000
Published on: 04 Feb 2025
Last updated on: 04 Feb 2025
1408 NEW YORK AVE, Union City, NJ 07087
1408 NEW YORK AVE, Union City, NJ 07087
1408 NEW YORK AVE, Union City, NJ 07087
+50
1408 NEW YORK AVE, Union City, NJ 07087
  • 50
Property ID: 110097157357
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Investment - Union City, NJ

1408 NEW YORK AVE, Union City, NJ 07087
**BEING SOLD AS PACKAGE DEAL WITH 1406 NEW YORK AVE, UNION, CITY, NJ ($500,000) - BOTH LOTS ASKING PRICE $1,500,000**Welcome to a prime investment opportunity in the heart of Union City! This mixed-use building at 1408 New York Ave is perfectly situated in a bustling neighborhood, making it an ideal location for business and residential living. Currently operating as a successful plumbing business, this property features a spacious commercial unit on the ground floor, complemented by two well-appointed apartment units above, providing a steady income stream.**Property Highlights:**- **Zoning:** C-N Neighborhood Commercial, allowing for a variety of business and residential uses.- **Commercial Space:** Generous retail/service area, perfect for continuing the current plumbing business or launching your own venture.- **Residential Units:** Two comfortable apartment units, unit 1 offering two bedrooms/ two bathrooms and unit 2 offering one bedroom/ one bathroom, offering additional rental income or owner-occupant potential.- **Package Sale:** This property must be sold as a package with 1406 New York Ave, creating a comprehensive investment opportunity. **Appraisal Value:** Both Lots Recently appraised at $1,720,000, offering significant value at the listing price of $1,500,000.  Agent Remarks: **Appraisal Value:** Recently appraised at $1,720,000, offering significant value at the listing price of $1,500,000 for both lots.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Architecture Style
Other
Num Floors
2
County
Hudson
Provider
Hudson County Multiple Listing Service
Brokerage Office Name
United Real Estate of North Jersey
Brokerage Office Phone
(201) 679-7040
Neighbourhoods
Union City
Address
1408 NEW YORK AVE, Union City, NJ 07087
Contact Agent
LEONARDO TATIS
UNITED REAL ESTATE OF NORTH JERSEY
18-19 RIVER RD, FAIRLAWN, NJ 07410
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LEONARDO TATIS
18-19 RIVER RD, FAIRLAWN, NJ 07410
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      Property ID: 110097157357

      Data provided by Hudson County Multiple Listing Service, MLS #: 250002163
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