$5,700,000
$5,700,000
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2000 WEST ST Union City, NJ 07087
Key Details
Sold Price $5,700,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250008306
Sold Date 04/28/25
Annual Tax Amount $80,000
Lot Dimensions 177X100/25X179 AVG
Property Sub-Type Investment
Property Description
Mixed use building with development opportunity. Fully leased with substantial, long-term tenants Significant, positive cash flow. Perfect for investor, 1031 exchange, Developer...Approvals for 17,290 additional square feet of commercial space. 32,500 square feet mixed use building consisting of office/flex/industrial/commercial/educational space. Plus, two stunning 4 bedroom/4 bath Penthouse apartments with Manhattan and sunset views. I-Beam grid and columns continue through the roof: No foundation or pilings needed. Built on bedrock. Fully sprinklered with central station smoke alarm Fully renovated in 2008: Three story glass atrium entrance New roof, windows, Elevator / 3-phase 800A service, electrical, lighting and HVAC. Custom blinds. Full renovation of penthouse residences. C-of-O. 2020 Renovation: Fire sprinklers. Fire alarm system. New HVAC in some spaces. New commercial bathrooms. New fire egress corridors. Updated C-of-O. Renovated and subdivided in 2020: HVAC, electrical, utilities individually metered for all twenty tenants. Two driveways and Front lawns can be paved for additional parking. Minutes from Lincoln Tunnel, Holland Tunnel and PATH. 800A three-phase electrical service. One block to bus to Port Authority.
Location
State NJ
County Hudson
Area Union City
Exterior
Garage Spaces 27.0
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Bought with COMPASS NEW JERSEY, LLC