156 19Th StUnion City, NJ 07087

Property Details for 156 19Th St

Construction

BRICK

Lot size

0.17 AC

Property size (Sq ft)

7,784 SF

Property type

Other commercial real estate

APN

10 00175-0000-00070

APU

1000175000000070

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,473,037

  Hospitality

  $1,349,294

  Educational

  $1,122,597

  Medical

  $1,161,205

  Retail

  $1,746,262

Location Insight

City

Union City

County

Hudson

State

New Jersey

Latitude

40.7624

Longitude

-74.0303

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].