4701-4705 Park Ave
10 Unit Block of Flats £2,236,799 (£223,680/Unit) Union City, NJ 07087
EXECUTIVE SUMMARY
Welcome to 4701-05 Park Avenue, two adjacent buildings with 10 renovated residential units & one commercial space. Location, Location! These buildings are on a high traffic, visible corner of the reputable Park Avenue, bordering Weehawken. Fully occupied. Potential for rental rate increases. A commuter’s dream with easy access to all major highways, bus routes, & NYC transportation at your doorstep! Income and expense report available upon request!
PROPERTY FACTS
| Price | £2,236,799 |
| Price Per Unit | £223,680 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 7,900 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built/Renovated | 1929/2012 |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Yard
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (82)
PROPERTY TAXES
| Parcel Number | 10-00279-0000-00003 | Improvements Assessment | £707,928 |
| Land Assessment | £278,104 | Total Assessment | £986,032 |
ZONING
| Zoning Code | R |
