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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

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