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7 Unit | Multi-Family | 1 & 2 Bedroom Apts 4535 Broadway

7 Unit Block of Flats £902,071 (£128,867/Unit) 5.57% Net Initial Yield Union City, NJ 07087

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Investment Highlights

Strategically Located just miles from NYC
Additional Value Add Components | Newly Renovated Apartments
Lot Size: 2,553 SF | Lot Size Price Per SF: $489/ft

Annual Registered Rental Increases of 3% per year
Taxes $12,100/year
Building Size: 4,900 SF

Executive Summary

The Elia Realty Group (ERG) and Ryan Cooper powered by KW Commercial, are proud to present an exciting new opportunity to own this (x7) unit income producing investment sale.
Explore the potential of this exceptional 7-unit multi-family investment property nestled in the heart of Union City, NJ. Ideal for new entrants into the market or seasoned investors with a diverse portfolio, this property promises both immediate returns and long- term appreciation. Investment Highlights:
Catering to varied tenant needs with a well-balanced assortment of 1 & 2-bedroom units. Enjoy the convenience of nearby shopping, dining, and public transportation options. A lucrative investment with a history of stable rental income.
Ideal for: New and Seasoned Investors: A perfect entry point into the lucrative multi-family real estate market. A strategic addition to a portfolio seeking stable returns and future appreciation.

Offering Memorandum for 4535 Broadway Ave, Union City_compressed

Property Facts

Price	£902,071	Apartment Style	Low Rise
Price Per Unit	£128,867	Building Class	C
Sale Type	Investment	Lot Size	0.06 AC
Net Initial Yield	5.57%	Building Size	4,410 SF
No. Units	7	Average Occupancy	0%
Property Type	Residential	Number of Floors	3
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built/Renovated	1920/2022

Price	£902,071
Price Per Unit	£128,867
Sale Type	Investment
Net Initial Yield	5.57%
No. Units	7
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low Rise
Building Class	C
Lot Size	0.06 AC
Building Size	4,410 SF
Average Occupancy	0%
Number of Floors	3
Year Built/Renovated	1920/2022