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214 44th St 6 Unit Apartment Building $1,036,742 CAD ($172,790 CAD/Unit) 6.75% Cap Rate Union City, NJ 07087

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INVESTMENT HIGHLIGHTS

  • 6.75% Cap Rate
  • All Two-Bedroom Units
  • Landlord Covers Heat, Hot Water, Water/Sewer and Common Area Electric
  • Under 20 Minutes from Manhattan
  • Tenants Pay for Cooking Gas & Electric
  • The building is approximately a 5-minute walk to Park Ave at 43rd Street bus stop which provides a 14 minute trip to into Midtown Manhattan.

EXECUTIVE SUMMARY

Broker of Record
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Ste. 440, Teaneck, NJ 07666
(866) 889-0550

PROPERTY FACTS

Price $1,036,742 CAD
Price Per Unit $172,790 CAD
Sale Type Investment
Cap Rate 6.75%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,027 SF
No. Stories 3
Year Built 1900
Zoning R

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 - -
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (87)
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
10-00258-0000-00001
Land Assessment
$500,022 CAD
Improvements Assessment
$533,218 CAD
Total Assessment
$1,033,240 CAD
  • Listing ID: 39113174

  • Date on Market: 2026-01-16

  • Last Updated:

  • Address: 214 44th St, Union City, NJ 07087

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