10 Unit Multifamily Investment Opportunity

2815-2819 Summit Ave, Union City, NJ 07087

  • For Sale $2,813,000
  • Property Type Multi-Family
  • Property Size 13,828 SF
  • Units 10
  • Lot Size 0.18 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 5
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Sep 20, 2024
Discover the vibrant potential of the Union City neighborhood surrounding the property. Nestled within easy reach of New York City, this area boasts a thriving commercial landscape, perfect for an office building investment. Just minutes away from the Lincoln Tunnel, the location offers convenient access to major business hubs. Enjoy proximity to Hudson River Waterfront Walkway, with stunning views of the Manhattan skyline, and local gems like Union City Plaza and Washington Park. The neighborhood offers a diverse culinary scene, with plenty of dining options to impress prospective office tenants. Experience the urban appeal and dynamic energy of this prime investment location.Seize this unique investment opportunity with a distinctive package of three adjacent properties in Union City, comprised of 10 units. The collection includes a beautifully renovated, expansive single-family home with an attached apartment, a fully-occupied five-unit building, and an additional three-family property. Highlights also include a charming courtyard, a two-car garage, and three single-car garages. With off-street parking and room for further enhancements, this versatile portfolio supports various investment strategies. It’s perfect for those wanting to enjoy a high-quality residence while generating income from well-maintained units, or for investors aiming to increase property value by adding one to two more units to the single-family home. Additionally, the three-family property is not subject to rent control, offering the flexibility to optimize rental income and take full advantage of market rates. Don’t miss out on this lucrative opportunity!

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • - 10 Unit Multifamily Property
  • - 5 off street parking space (3 single car garages, 1 two car garage)
  • - Private outdoor oasis
  • - Value add opportunity

Contacts

broker

Tony Nabhan

Tony Nabhan - Fort Lee - KW Commercial

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise

  • Transit Score ®

    85/100 Excellent Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Union City, NJ
  • Neighborhood Union City
  • Zip Code 07087
  • Market New Jersey

Points of Interest

  • Holiday Taxi

    0.39 miles

  • Bergenline Avenue

    0.94 miles

  • Secaucus Junction

    2.31 miles

  • PATH Elevator

    2.55 miles

  • Hoboken

    2.55 miles

  • Meadowlands

    3.45 miles

  • Grove Street PATH Trains

    3.66 miles

  • Grove Street

    3.68 miles

  • Grove Street (PATH)

    3.68 miles

  • Essex Street

    4.10 miles

  • Exxon

    0.12 miles

  • Lukoil

    0.40 miles

  • Speedway

    0.44 miles

  • Delta

    0.85 miles

  • Exxon

    0.91 miles

  • Exxon

    0.93 miles

  • Blue Star

    1.05 miles

  • Exxon

    1.12 miles

  • Speedway

    1.28 miles

  • BP

    1.28 miles

  • Jose Marti Field and Recreational Grounds Parking Lot

    0.44 miles

  • Leber Funeral Home Parking

    0.45 miles

  • Hudson Korean Presbyterian Church Parking Lot

    0.48 miles

  • North Bergen Park & Ride

    0.60 miles

  • Port Authority of New York and New Jersey

    0.86 miles

  • Parking Deck #

    0.98 miles

  • Tonnelle Avenue Parking

    1.08 miles

  • Parking Deck C

    1.13 miles

  • 700 Plaza Drive

    1.19 miles

  • Parking Deck A

    1.21 miles

  • Super 8 North Bergen

    0.29 miles

  • Best Western

    0.31 miles

  • Fountain Motel

    0.34 miles

  • Holiday Inn Express

    0.38 miles

  • Meadowlands View

    0.38 miles

  • Quality Suites Nyc Gateway

    0.92 miles

  • Extended Stay America

    0.95 miles

  • Hilton Garden Inn Secaucus/Meadowlands

    0.98 miles

  • Sheraton

    1.07 miles

  • Hyatt Place

    1.08 miles

  • P & L Grill & Diner

    0.23 miles

  • Sonic

    0.24 miles

  • McDonald's

    0.26 miles

  • Cemitas Puebla

    0.28 miles

  • Taco Bell

    0.29 miles

  • Burger King

    0.33 miles

  • Dunkin' Donuts

    0.38 miles

  • Dunkin' Donuts

    0.40 miles

  • No. 1 Chinese

    0.42 miles

  • White Castle

    0.42 miles

  • Robert Waters Elementary School

    0.05 miles

  • Union City High School

    0.19 miles

  • Holy Family School

    0.24 miles

  • Yeshiva School

    0.33 miles

  • McKinley Number 10 Elementary School

    0.35 miles

  • Daniel Webster Number 2 Elementary School

    0.40 miles

  • Jefferson Elementary School

    0.44 miles

  • Jose Marti Freshman Academy

    0.48 miles

  • Washington School

    0.51 miles

  • Saint Augustine's School

    0.56 miles

  • Lolipop Learning Center

    0.94 miles

  • Harmony Childcare Center

    1.17 miles

  • North Hudson Community Action

    1.27 miles

  • Hoboken Children's Academy II

    1.52 miles

  • Bright Horizons

    1.66 miles

  • Kidz City

    1.75 miles

  • Little Bee Learning Studio

    2.13 miles

  • Dear World Academy

    2.29 miles

  • Cresthill Academy

    2.33 miles

  • Apple Montessori Schools

    2.35 miles

Frequently Asked Questions

How much does 10 Unit Multifamily Investment Opportunity cost?

The space currently listed for sale at 10 Unit Multifamily Investment Opportunity asks for $2,813,000.

What is the total square footage of 10 Unit Multifamily Investment Opportunity?

10 Unit Multifamily Investment Opportunity totals 13,828 square feet.

When was this property built?

10 Unit Multifamily Investment Opportunity was built in 1900.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Tony Nabhan

Tony Nabhan - Fort Lee - KW Commercial