House Description

EXCEPTIONAL 7 UNITS COMMERCIAL OFFICE BUILDING FOR SALE : PRIME UNION CITY PARK AVENUE LOCATION! A truly rare and outstanding opportunity awaits to acquire a highly desirable commercial office building located at 4407-4411 Park Ave in Union City, New Jersey. This expansive property presents significant potential for owner-operators or investors alike, offering flexibility and superb condition in a sought-after location. Property Highlights & Features: -Size and Configuration: The building is currently configured with 7 individual suites and includes 4 half bathrooms, providing versatile options for various business types and multi-tenant occupancy. -Parking: A crucial advantage in this dense area, the property boasts 5+ dedicated parking spaces. Basement Potential: The basement area is fully finished and offers valuable additional space, perfectly suited for use as extra storage or potentially as an additional office area. -Condition: The entire building is maintained in very good condition, minimizing immediate capital expenditure for the new owner. -Occupancy Flexibility: This asset can be delivered either vacant for immediate owner occupancy or with an existing tenant in place for seamless income generation, depending on the buyer's preference. -Location and Accessibility: Prime Border Location: Strategically situated on the border of Weehawken, the property benefits from proximity to its affluent and desirable neighboring municipality. -Unparalleled NYC Access: The location offers the utmost convenience with 24-hour New York City transportation readily available, making it highly attractive to employees, clients, and customers commuting from Manhattan and beyond. This property represents an ideal investment for those seeking a well-maintained, versatile commercial space with excellent transportation links and high visibility in a thriving area.

Highlights

Listed by GUSTAVO SANTACRUZ , 201-766-2565 ACCESS HOMES REALTY , 201-766-2565. Hudson County Multiple Listing Service

Property Type

Commercial Sale

County

Hudson

Listing ID

250024496

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Payment Breakdown

Principal Interest

$11,196

Taxes

$1,863

Home Price

$2,200,000

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$440,000

Down Payment

Down Payment %

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Monthly Price:

$11,196.26

Principal

Taxes

	Principal	Taxes	HOA	Total
Monthly	$11,196.26	$1,863.17	$0.00	$13,059.42
Yearly	$134,355.08	$22,358.00	$0.00	$156,713.08
Total	$4,030,652.47	$670,740.00	$0.00	$4,701,392.47