Union City, NJ 07087 · Investment · For Sale · MLS 250014382
514 Monastery Pl
$899,000
Investment
Use
4
Units
0
Parking spaces
239
Days Listed
About this property
Mixed use investment property for sale including three residential apartments and one commercial space. The commercial space is built-out as a commercial recording studio and is currently in operation on a month to month lease. The recording studio business is also available for sale along with all the equipment. The three spacious apartments are all occupied and also on month to month leases. The two story building has over 4,000 sq ft of usable space across two floors. Located a few short blocks away from the Weehawken & Union City Reservoir Park and NYC bus routes. A plethora of restaurants and shopping around the corner of Bergenline Ave, plus just a short ride down to Hoboken.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #250014382
Space
Units4
Stories2
Site & exposure
Parking spaces0
Investment
Annual taxes$12,427
Est. gross income$88,800
Est. operating expense$18,636
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Union City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 514 Monastery Pl?
The asking price is $899,000.
What is 514 Monastery Pl zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Union City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 514 Monastery Pl?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
