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610-612 12th St
Union City, NJ 07087

$3,798,000 USD

Apartments For Sale • 16,572 SF

Property Details

Property Type Apartments
Total Building Size 16,572 SF
Building Class C
Year Built 2018
Cap Rate 4.80 %
Zoning Commercial

71 Transit Score

94 Walk Score

                
                    Highlights
                
                                Stable Rental Income: Consistent growth in rental income projected over the next four years.
                            
                                Strong NOI Performance: Positive cash flow from operations with a strong Net Operating Income.
                            
                                Prime location in close proximity to Manhattan with access to several major highways and transportation options into New York City
                            
                                Newer Building in great condition
                            
                                Live-in Super

Property Flyers

Trailing 12

Financial Summary (Actual)

Net Operating Income: $182,408 USD (2023)

Cap Rate:	4.80 %
Total Expenses:	$63,352 USD

Amenities

Air Conditioning
Cable Ready
Dishwasher
Fenced Lot
Security System
Washer/Dryer
Heating
Eat-in Kitchen
Kitchen
Granite Countertops
Hardwood Floors
Refrigerator
Sprinkler System
Stainless Steel Appliances
Range
Tub/Shower
Yard
Grill
Double Pane Windows

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hoboken (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Hoboken-33rd Street - NJ Transit Commuter Rail (NJ Transit), Hoboken-World Trade Center - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit), Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit))	8 min	-	2.6 mi
Secaucus Junction (Bergen County/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit), Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit), North Jersey Coast Line - NJ Transit Commuter Rail (NJ Transit), Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Pascack Valley Line - NJ Transit Commuter Rail (NJ Transit))	12 min	-	5.3 mi
Transit/Subway	Drive	Walk	Distance
9Th Street - Congress Center (Tonnelle Avenue-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail))	7 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Newark Liberty International	15 min	-	11.8 mi
Laguardia	30 min	-	13.2 mi
John F Kennedy International	38 min	-	21.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

WESTLEY PAGE 201-398-8160 Brown Harris Stevens

610-612 12th St Union City, NJ 07087