156 19Th St Union City, NJ 07087

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.