**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.
Status | Expired |
Price | $1,000,000 |
Price/Sq | 0.000 |
Property Type | Commercial |
Bathrooms | 2 ba |
Number Of Stories | 3 |
Courtesy of UNITED REAL ESTATE, LEONARDO TATIS | |
Provided By | GSMLS |
Last checked on GSMLS | 5/31/2025 11:00:39 PM |
Tax Amount | 18380 |
Tax Year | * |
Year built | 1908 |
Address | 1408 New York Ave |
City | Union |
State | New Jersey |
County | Hudson |
Postal Code | 07087-4302 |
Directions | Please use GPS |