Former Restaurant
For Sale
Contact for pricing
4105 Park Ave, Union City, NJ 07087
Single-unit storefront with general retail commercial zoning and a former restaurant use.
Property Size3,456 SF
Price / SF$434.03
Days on Market175
Property Features for 4105 Park Ave
General Information
Standard status
Active
Size
3,456 SF
Property subtype
Retail
Zoning
Commercial Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$84,000
Building Details
Year Built
1898
Year Renovated
2018
Stories
2
Units
1
Tenancy
Single
Listing Agency:
KW Commercial
Listed By:
Bruce Elia · License #NJ 0893523
Source:
Crexi
Added: Apr 24
Changed: Oct 15
Last Checked: Oct 14 at 11:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
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Investment Insights
Based on property information with market context.
This single-unit storefront contains 3,456 square feet of retail space at 4105 Park Ave in Union City, New Jersey. The property was originally built in 1898 and underwent renovation in 2018, combining an older building shell with more recent improvements. Its R-MF zoning is identified as general retail commercial, supporting the property’s retail-oriented classification.
The building’s former restaurant use provides a defined commercial context for the space, while the storefront format accommodates continued retail occupancy. The property is located in Union City, NJ 07087, within Northern New Jersey.
The building’s former restaurant use provides a defined commercial context for the space, while the storefront format accommodates continued retail occupancy. The property is located in Union City, NJ 07087, within Northern New Jersey.
Key Highlights
- 3,456 SF single‑unit storefront
- Former restaurant property
- Built in 1898
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,328
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,560
$986.6K
Cap Rate 7%
$704,686
$704.7K
Cap Rate 9%
$548,089
$548.1K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$74.6K $21.60/SF
− Vacancy
−$4.2K −$1.21/SF
EGI
$70.5K $20.39/SF
− OpEx
−$21.1K −$6.12/SF
NOI
$49.3K $14.27/SF
Area
Hudson County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,560
Cap Rate 7%
$704,686
Cap Rate 9%
$548,089
Alternative Uses
Best Use
Retail
$704.7K
$616.6K – $822.1K
NOI $49,328 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.25M
$1.10M – $1.46M
NOI $87,602 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,611
Businesses Nearby
190k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 42%
Apparel 4%
Home Improvements & Furnishings 2%
McDonald's
Dining
60,394 visits/mo
0.5 miles
Bank of America
Shops & Services
20,618 visits/mo
0.5 miles
TD Bank
Shops & Services
17,731 visits/mo
0.4 miles
Taco Bell
Dining
14,953 visits/mo
0.5 miles
Speedway
Shops & Services
14,297 visits/mo
0.4 miles
Demographics for 07087, NJ
68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-unit storefront with general retail commercial zoning and a former restaurant use.
Where is this storefront property located?
The property is located at 4105 Park Ave Union City, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,456 SF single‑unit storefront; Former restaurant property; Built in 1898
