For Sale
$2,500,000

156 19Th StUnion City, NJ 07087

7,900 SF Warehouse, Office Space, NJ

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Union City, NJ investment opportunity presents a fully renovated, 7,900 square foot warehouse and office space at 156-160 19th Street, 07087. The property, built in 1920 and extensively renovated in 2021, boasts a two-story design on a 0.17-acre lot. The building features high-end finishes, tall loft-style ceilings, abundant natural light from skylights, and a unique rooftop garden. Amenities include a fully furnished office space, high-speed internet, a conference room, an oversized kitchen, a security system, and recreational features such as a movie theatre, pool table, ping pong, and foosball table. The property is zoned R-M (Medium-Density Residential District) and offers a pro-forma NOI of $205,287 and a pro-forma cap rate of 8.20%. The asking price is $2,500,000, translating to $316.46 per square foot. Its convenient location offers close proximity to mass transit and easy access to New York City, making it an attractive option for businesses and investors seeking a central location in the New York Metro area. This multi-tenant property is a rare find, combining modern amenities with a prime location.

Highlights

  • $2,500,000 asking price for this 7,900 SF multi-tenant industrial warehouse in Union City, NJ.
  • Recently renovated (2021) two-story warehouse with office space, offering a pro-forma cap rate of 8.20% and a pro-forma NOI of $205,287.
  • Features include high-end finishes, loft-style ceilings, skylights, rooftop garden, and tenant amenities such as a movie theatre, game room, and oversized kitchen.
  • Located at 156 19th St, Union City, NJ 07087, on a 0.17-acre lot, zoned R-M (Medium-Density Residential).
  • Convenient access to mass transit and NYC.

Property Details for 156 19Th St

Property type
Warehouses, Industrial properties
Square Feet
7,900 SF
Year Built/Renovated
1920/2021
Stories
2
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Union City
County
Hudson
State
New Jersey
Latitude
40.7623419
Longitude
-74.030185
156 19Th St, Union City, New Jersey

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156 19Th St
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