1. 606 8Th St Union City NJ 07087 Cornerstone Res&Comm Realty
Sylwia Kaldon
81 Lester St, Wallington NJ 0705
(C) (O)

2. Summary of the Building:
606 8Th Street is between Central Ave and West St in Union City, Hudson County, New Jersey
Block 41, Lot 2
Lot Size 2348
3 Story Framed Building
(6) 1 Bedroom Apartments with Bonus Basement Unit
Property Class 4 C
Utilities all separate, gas and electric
Owner pays water and sewer
Asking Price $850,000

3. Overview:
Amazing opportunity to own solid brick well maintained building in Union City New Jersey. This three story building features 6 one bedroom apartments, with bonus basement unit in prime location.
Fully rented, with a history of steady income and long term tenants.
Ideally situated within approximately 1-mile from Lincoln Tunnel and 4 miles west of New York City. This location provides easy access to major throughways, public transit, schools, parks, shopping, house of worship, and the waterfront.

4. Building Financials: Rent Roll:
Unit #1 $1, Gross Income $73,626.24
Unit #2 $1, Total Expenses $ 24,150.54
Unit #3 $1, Net Operating Income $49,475.70
Unit #4 $1, Cap Rate 5.8 %
Unit #5 $1,124.55
Unit #6 $417.10
Income & Expense:
Tax $15,529.00
Insurance $3,439.00
PSEG $756.56
Water $1,584.00
Sewer $1,341.00
Exterminator $1,500.00

5. Contact Information:
Sylwia Kaldon Broker/Salesperson Cornerstone Res&Com Realty 81 Lester St, Wallington NJ