For Sale

Description

610 New York Ave, Union City, NJ – Now Offered at $875,000 | Space, Income & Exceptional Upside Welcome to 610 New York Ave—an outstanding mixed-use opportunity in the heart of Union City offering 4 income-producing units across a versatile 2-story building. Featuring a vacant storefront, rented private office space, and two residential apartments above, this property presents the ideal setup for an investor, owner-operator, or business owner seeking to offset occupancy costs while building long-term equity. A major highlight is the potential opportunity for qualified buyers to assume an existing loan at an incredibly attractive 2.375% interest rate, creating the possibility of a significantly lower monthly payment and immediate positive cash flow potential. Combined with strong rental demand and the property’s non-rent-controlled status, the upside here is substantial. The flexible layout supports multiple strategies, including owner occupancy, retail use, office income, or maximizing rental revenue across all four units. Month-to-month tenancies provide additional flexibility for repositioning and value enhancement. Additional features include gas utilities, baseboard heat, wall A/C units, and a durable low-maintenance brick and aluminum/vinyl exterior. Positioned on a 25x100 lot in one of Hudson County’s most commuter-friendly locations, the property sits near shopping, dining, parks, public transportation, and direct access into New York City. Properties offering this level of flexibility, financing potential, and long-term upside are increasingly hard to find. Schedule your private tour today.