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Turnkey Cold Storage/Industrial Warehouse 609 10th St 42,451 SF Vacant Industrial Building Online Auction Sale Union City, NJ 07087
Financing Available
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Turnkey opportunity to acquire a cold storage/industrial warehouse building just minutes from Midtown Manhattan.
- Positioned with logistics and efficiency in mind near Newark Liberty International Airport and Port Newark/Elizabeth.
- Gracious building with broad zoning in place allowing buyers many potential build-outs moving forward.
- Strategic location near Route 495, Interstate 95, and US Routes 1 and 9, as well as speedy access to the Lincoln and Holland Tunnels.
- Retailers, restaurants, and conveniences are nearby, including McDonald’s, Walgreens, KFC, and Value Fresh Market.
EXECUTIVE SUMMARY
As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee simple interest in 609 10th Street, Union City, New Jersey 07807 for sale. This offering represents a rare opportunity to acquire a 33,515-square-foot industrial/cold storage asset spanning the entire block from Central Avenue to West Street in Union City. The property also benefits from an additional 4,975 square feet in the basement and 3,961 square feet on the second floor, bringing the total usable area to 42,451 square feet. This property will be delivered vacant, making the acquisition well-suited for owner/occupiers in addition to investors and developers. The asset was historically occupied by a specialty food producer, and the tenant recently vacated in May 2025, limiting deferred maintenance due to not being occupied.
Union City, New Jersey, offers an exceptional strategic location situated just minutes from Midtown Manhattan and central to the densely populated Northeast corridor. The property provides immediate access to major transportation arteries, including Route 495, Interstate 95 (New Jersey Turnpike), and US Routes 1 and 9, facilitating efficient regional and interstate logistics. The Lincoln Tunnel is approximately 1.5 miles away, offering direct access to Manhattan, while the Holland Tunnel is just 3 miles south. Port Newark/Elizabeth, the East Coast’s largest port complex, is under 12 miles away, and Newark Liberty International Airport is accessible within a 20-minute drive, streamlining both import/export and air freight operations. Union City’s location within the New York metropolitan area provides proximity to over 20 million consumers, making it ideal for last-mile cold storage and distribution. The region’s dense urban footprint, logistical connectivity, and access to labor further enhance its appeal as a hub for temperature-controlled supply chain operations.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Please reach out to Brian Anderson for any financing inquiries.
Union City, New Jersey, offers an exceptional strategic location situated just minutes from Midtown Manhattan and central to the densely populated Northeast corridor. The property provides immediate access to major transportation arteries, including Route 495, Interstate 95 (New Jersey Turnpike), and US Routes 1 and 9, facilitating efficient regional and interstate logistics. The Lincoln Tunnel is approximately 1.5 miles away, offering direct access to Manhattan, while the Holland Tunnel is just 3 miles south. Port Newark/Elizabeth, the East Coast’s largest port complex, is under 12 miles away, and Newark Liberty International Airport is accessible within a 20-minute drive, streamlining both import/export and air freight operations. Union City’s location within the New York metropolitan area provides proximity to over 20 million consumers, making it ideal for last-mile cold storage and distribution. The region’s dense urban footprint, logistical connectivity, and access to labor further enhance its appeal as a hub for temperature-controlled supply chain operations.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Please reach out to Brian Anderson for any financing inquiries.
MATTERPORT 3D TOURS
3D Exterior
/5
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 0.81 AC |
| Sale Condition | Auction Sale | Rentable Building Area | 42,451 SF |
| Type of Ownership | Fee Simple | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1999 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parcel Number | 10-00041-02-00009 |
| Zoning | R | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.81 AC |
| Rentable Building Area | 42,451 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Tenancy | Single |
| Zoning | R |
| Parcel Number | 10-00041-02-00009 |
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (95)
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
6
0 h 17 m
Philadelphia
1,584,138
91
1 h 53 m
Boston
694,583
217
4 h 37 m
Washington
702,455
224
4 h 34 m
Columbus
892,533
556
10 h 23 m
Detroit
672,662
615
11 h 27 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
6,893,044
Total Labor Force
3,555,607
Unemployment Rate
5.02%
Median Household Income
$72,309
Warehouse Employees
348,039
High School Education Or Higher
85.60%
$ values in USD
SALE ADVISORS
SALE ADVISORS
Jordan Sobel, Director
Jordan N. Sobel is a Director in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $50 million range in the suburban New York Metropolitan area.
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Since joining the Private Client Group, Jordan has been involved in more than $1 billion of property sales comprising over 4 million square feet. Jordan’s tenacity and work ethic has consistently delivered superior results for his clients.
Prior to joining the Capital Markets Group, Jordan was a Land Acquisition Analyst at K. Hovnanian Homes. There he assisted the Acquisition team with the evaluation on current and potential acquisitions.
Andrew Schwartz, Managing Director
Andrew J. Schwartz is a Senior Director in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle markets transactions in the $2 million to $20 million range in the suburban New York Metropolitan area.
Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Since joining the Capital Markets Group, Andrew has been involved in more than $500 million of property sales comprising over 5.7 million square feet. Prior to that, he worked on Wall Street for 20 years serving institutional clients at Abel Noser and Morgan Stanley. Previous to that, he was with Cushman & Wakefield as an office and industrial leasing broker.
Andre Balthazard, Sr. Associate
Andres’s team specializes in middle-market transactions in the Northern New Jersey and Suburban New York markets. Prior to joining the Capital Markets team, André interned with Cushman & Wakefield in the Sacramento, California, office, where he worked with teams that represented office and industrial tenants and landlords.
Daniel Bottiglieri, Senior Associate - Capital Markets
Daniel J. Bottiglieri is an Associate in the Metropolitan Area Capital Markets Group. He is located in Cushman & Wakefield’s Morristown, New Jersey office and specializes in middle market dispositions ranging from $2 million to $30 million with a specific focus on retail sales.
Brian Anderson
Brian’s knowledge and extensive experience of the commercial real estate sector allows him to provide proper funding sources for all types of financing requests. His proficiency in underwriting and negotiating, positions him as an expert in CRE financing in order to advise, originate and negotiate the most favorable terms to ensure an effective and timely closing. Brian is a Boston University School of Management graduate.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Taylor Cunningham
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
CONTACTS
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Jordan Sobel -
Andrew Schwartz -
Andre Balthazard -
Daniel Bottiglieri -
Brian Anderson -
Cushman & Wakefield
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Turnkey Cold Storage/Industrial Warehouse | 609 10th St
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