1505 Summit Avenue, Union City, NJ 07087

$1,150,000
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Under Contract
BEDS0 BATHS MLS#26008329
STATUSUnder Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

Position yourself in one of Hudson County??????s most active and supply-constrained corridors with this prime mixed-use commercial building for sale at 1505 Summit Ave, Union City, NJ. Opportunities like this rarely hit the open market???especially along Summit Avenue, the backbone of Union City??????s retail and pedestrian activity. This high-visibility, income-producing asset offers the ideal blend of stable cash flow + value-add upside, making it a perfect fit for savvy investors, 1031 exchange buyers, and strategic owner-users looking to secure a foothold just minutes from New York City. Irreplaceable Location: Positioned on a major retail corridor with heavy foot traffic, strong demographics, and continuous local commerce Mixed-Use Income Stream: Retail storefront plus residential/office components???multiple revenue channels and tenant flexibility Value-Add Potential: Opportunity to increase rents, reposition, or optimize tenancy in a high-demand market NYC Proximity Premium: Direct access to Manhattan via nearby transportation???consistent tenant demand and appreciation upside Investor-Friendly Market: Union City continues to outperform with strong rental demand, low vacancy trends, and ongoing redevelopment Whether you??????re looking to park capital in a high-demand rental market, execute a value-add strategy, or secure a long-term hold in a prime location, this asset checks every box. Call for details, rent roll, and financials. Showings are limited.

1505 Summit Avenue | MLS# 26008329

This multi-family property located at 1505 Summit Avenue, Union City, NJ 07087 is currently listed for sale with an asking price of $1,150,000. Search Union City real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Roof Type: Flat
Taxes: $12,520

Feature Descriptions

Days on Site: 95
Owner Pays: Common Area, Taxes
Property Utilities: Munincipal WATER

Listed By / Shown By

Listing By

Agency Name: Prominent Properties Sotheby's International Realty-Engl
Agency Phone: 201-585-8080

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 3,938.15 per month $2,559.40 Principal & Interest $1,043.33 Property Tax $335.42 Homeowner's Insurance

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