Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

156-160 19th St 7,900 SF Office Building Union City, NJ 07087 $3,836,800 CAD ($485.67 CAD/SF) 7.95% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully Renovated
  • Rooftop Garden
  • High speed internet
  • High End Office Space
  • Fully Furnished Office Spaces
  • Close Proximity to Mass Transit/NYC

EXECUTIVE SUMMARY

156-160 19th Street offers a unique opportunity to investors and operators looking to establish a centralized headquarters in the New York Metro market place. The building is conveniently located within close proximity to mass transit to New York City.
The property was recently gut renovated to provide fully furnished office spaces with high end finishes to a variety of local emerging businesses. The open floorplan with tall ceilings and bright light, along with the rooftop oasis among other amenities provides an exceptional opportunity to qualified investors and operators.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $490,997 $62.15
Other Income - -
Vacancy Loss $49,098 $6.21
Effective Gross Income $441,899 $55.94
Taxes $44,878 $5.68
Operating Expenses $92,027 $11.65
Total Expenses $136,905 $17.33
Net Operating Income $304,994 $38.61

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $490,997
Annual Per SF $62.15
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $49,098
Annual Per SF $6.21
Effective Gross Income (CAD)
Annual $441,899
Annual Per SF $55.94
Taxes (CAD)
Annual $44,878
Annual Per SF $5.68
Operating Expenses (CAD)
Annual $92,027
Annual Per SF $11.65
Total Expenses (CAD)
Annual $136,905
Annual Per SF $17.33
Net Operating Income (CAD)
Annual $304,994
Annual Per SF $38.61

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,900 SF
Building Class
C
Year Built/Renovated
1920/2021
Price
$3,836,800 CAD
Price Per SF
$485.67 CAD
Cap Rate
7.95%
NOI
$304,991 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,950 SF
Building FAR
1.07
Lot Size
0.17 AC
Zoning
R - Low Density Residential

AMENITIES

  • Bus Line
  • Conferencing Facility
  • Security System
  • Skylights
  • Accent Lighting
  • Roof Terrace
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 25-6,800 SF
  • Office
  • Full Build-Out
  • Now

156-160 19th Street offers an exceptional workspace for tenants designed for productivity, creativity, and comfort. This fully renovated office space offers a host of premium features tailored to modern business needs. Available space offers tall loft style ceilings, bright and airy interiors enhanced by natural light and skylights. A serene outdoor space perfect for breaks, gatherings, or networking. Tenants can enjoy an in-house movie theater, pool table, ping pong, and foosball table for downtime and team bonding. It also offers fully furnished offices, move-in ready spaces with high-speed internet to keep you connected. Conference room, oversized kitchen, and a robust security system for convenience and safety. Conveniently located in close proximity to mass transit, providing easy access to New York City.

  • Mezzanine
  • 25-1,100 SF
  • Office
  • Full Build-Out
  • Now

156-160 19th Street offers an exceptional workspace for tenants designed for productivity, creativity, and comfort. This fully renovated office space offers a host of premium features tailored to modern business needs. Available space offers tall loft style ceilings, bright and airy interiors enhanced by natural light and skylights. A serene outdoor space perfect for breaks, gatherings, or networking. Tenants can enjoy an in-house movie theater, pool table, ping pong, and foosball table for downtime and team bonding. It also offers fully furnished offices, move-in ready spaces with high-speed internet to keep you connected. Conference room, oversized kitchen, and a robust security system for convenience and safety. Conveniently located in close proximity to mass transit, providing easy access to New York City.

Space Size Space Use Condition Available
1st Floor 25-6,800 SF Office Full Build-Out Now
Mezzanine 25-1,100 SF Office Full Build-Out Now

1st Floor

Size
25-6,800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Mezzanine

Size
25-1,100 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 25-6,800 SF
Space Use Office
Condition Full Build-Out
Available Now

156-160 19th Street offers an exceptional workspace for tenants designed for productivity, creativity, and comfort. This fully renovated office space offers a host of premium features tailored to modern business needs. Available space offers tall loft style ceilings, bright and airy interiors enhanced by natural light and skylights. A serene outdoor space perfect for breaks, gatherings, or networking. Tenants can enjoy an in-house movie theater, pool table, ping pong, and foosball table for downtime and team bonding. It also offers fully furnished offices, move-in ready spaces with high-speed internet to keep you connected. Conference room, oversized kitchen, and a robust security system for convenience and safety. Conveniently located in close proximity to mass transit, providing easy access to New York City.

Mezzanine

Size 25-1,100 SF
Space Use Office
Condition Full Build-Out
Available Now

156-160 19th Street offers an exceptional workspace for tenants designed for productivity, creativity, and comfort. This fully renovated office space offers a host of premium features tailored to modern business needs. Available space offers tall loft style ceilings, bright and airy interiors enhanced by natural light and skylights. A serene outdoor space perfect for breaks, gatherings, or networking. Tenants can enjoy an in-house movie theater, pool table, ping pong, and foosball table for downtime and team bonding. It also offers fully furnished offices, move-in ready spaces with high-speed internet to keep you connected. Conference room, oversized kitchen, and a robust security system for convenience and safety. Conveniently located in close proximity to mass transit, providing easy access to New York City.

Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-00175-0000-00070
Land Assessment
$1,314,919 CAD (2025)
Improvements Assessment
$1,657,429 CAD (2025)
Total Assessment
$2,972,348 CAD (2025)
Annual Taxes
$44,878 CAD ($5.68 CAD/SF)
Tax Year
2024
  • Listing ID: 32642094

  • Date on Market: 2024-07-31

  • Last Updated:

  • Address: 156-160 19th St, Union City, NJ 07087

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}