Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Corner Storefront Opportunity Title is generated by Realmo AI

    500 NEW YORK AVE #STORE ON THE LEFT SIDE JC, Union City, NJ 07087

    View on Map
    Claim this Listing
    For Lease
    $1,495/Mo $44 SF/Yr (calc)

    Corner store near Manhattan, Hoboken, Jersey City. Ready for business.

    Type:Commercial
    Property size:
    400 SF
    Added:
    Mar 9, 2026
    Days on Market:
    88
    Last Refresh:
    Apr 12 at 8:55 pm

    Property Features for 500 NEW YORK AVE #STORE ON THE LEFT SIDE JC

    General Information

    Standard status
    Active
    Size
    400 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    CUC LUONG

    Listing agent CUC LUONG License #1861248

    Listing office KELLER WILLIAMS CITY LIFE REALTY

    Listing date Mar 9, 2026

    Source Corcoran

    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 KELLER WILLIAMS CITY LIFE REALTY

    HighLights

    • Excellent location next door to New York City (Manhattan), Hoboken, Jersey City Downtown, Jersey City Heights, Weehawken, West New York.
    • Enjoy 24/7 visibility for business from car or foot traffic.
    • Suitable for retail, office space, or hair/nail salon.
    • Approximately 400 sq ft corner store.
    • Potential for future expansion by combining with adjacent store.
    • Ready for business now.

    Overview

    This corner store, approximately 400 square feet, offers 24/7 visibility for businesses. It is located next door to New York City, Manhattan, Hoboken, Jersey City Downtown, Jersey City Heights, Weehawken, and West New York. Suitable for retail, office space, or a hair/nail salon, the space is ready for business. Future growth expansion is possible by combining it with the store on the left side.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Union City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0275
    Latitude
    40.7678

    Nearby Similar for Lease

    • $2,750/Mo
      822 SF

      Union City Retail Space Available

      Retail/office space with basement in Union City, NJ.
      1303 SUMMIT AVE, Union City, NJ 07087
      View Details
    • $2,000/Mo

      Union City Retail Space

      902 sq ft commercial space in high-traffic location.
      4310 HUDSON AVE, Union City, NJ 07087
      View Details
    • $3,500/Mo
      1,000 SF

      Union City Office/Retail Space

      Corner location on Bergenline Ave suitable for office or retail.
      912 BERGENLINE AVE, Union City, NJ 07087
      View Details
    • $1,000/Mo

      Union City Professional Office Space

      Professional office space for rent in Union City, NJ.
      4515 BERGENLINE AVE, Union City, NJ 07087
      View Details
    • $7,700/Mo
      5,000 SF

      Summit Avenue Retail Space

      Highly visible retail space in the heart of Union City.
      821 Summit Ave, Union City, NJ 07087-5507
      View Details
    • $1,490/Mo

      Union City Retail Space Available

      Retail space in Union City, near New York City.
      500 NEW YORK AVE, Union City, NJ 07087
      View Details
    • $7,700/Mo

      Union City Retail Space Available

      Highly visible retail space in the heart of Union City.
      821-823 SUMMIT AVE, Union City, NJ 07087
      View Details
    • $2,995/Mo
      1,500 SF

      Main Street Retail/Office Space

      Spacious retail or office space in a busy location.
      606 KENNEDY BLVD, JC, Heights, NJ 07087
      View Details
    • $2,900/Mo

      Prime Retail Space on Bergenline

      Office/retail space on main commercial corridor with high foot traffic.
      4003 BERGENLINE AVE, Union City, NJ 07087
      View Details
    • $1,000/Mo

      Union City Doctor's Office Space

      Doctor's office space available with exam rooms and reception.
      415 39TH ST, Union City, NJ 07087
      View Details
    • $4,900/Mo

      Retail Space Near Light Rail

      Ground level retail space with high pedestrian traffic.
      4524 BERGENLINE AVE, Union City, NJ 07087
      View Details
    • $10,000/Mo

      Union City Office/Retail Space

      Renovated street-level space ideal for office or retail use.
      509-11a 45TH ST, Union City, NJ 07087
      View Details

    FAQs

    What type of property is this?
    Retail space - Corner store near Manhattan, Hoboken, Jersey City. Ready for business.
    Where is this retail space located?
    The property is located at 500 NEW YORK AVE #STORE ON THE LEFT SIDE JC Union City, NJ.
    What is the lease rate?
    The lease rate is $1,495 /Mo.
    What are key features of this property?
    This property features: Excellent location next door to New York City (Manhattan), Hoboken, Jersey City Downtown, Jersey City Heights, Weehawken, West New York.; **Enjoy 24/7 visibility** for business from car or foot traffic.; Suitable for retail, office space, or hair/nail salon.
    (201) 659-8600
    We can help!
    Listing Contact
    CUC LUONG
    Real Estate License ID: 1861248
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    500 NEW YORK AVE #STORE ON THE LEFT SIDE, JC, Heights, NJ 07087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!