Mixed-Use Building with
New
For Sale
$599,000
Pending
725 17th Street, Union City, NJ 07087
The two-family property combines a ground-floor preschool with an upper-level studio apartment.
Property Size1,609 SF
Days on Market6
Property Features for 725 17th Street
General Information
Standard status
Pending
Size
1,609 SF
Property subtype
Residential Income
Zoning
R
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$7,597
Amenities
1
true
3
2182
21x104
0.05
On Street
1609
Building Details
Building Size
1,609 SF
Year Built
1898
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Red Door Realty Group
Listed By:
Samantha Conca
(718) 987-3667
Source:
Matiasrealestatenyc
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:56AM
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 Red Door Realty Group
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Investment Insights
Based on property information with market context.
This 1,609-square-foot, two-family property is configured with a preschool on the first floor and a studio apartment above. The roof is five years old, and the boilers are two years old. The building dates to 1898 and is zoned R.
Shopping and transportation options are nearby.
Shopping and transportation options are nearby.
Key Highlights
- Two‑family building with a first‑floor preschool and upper‑level studio apartment
- 1,609 square feet
- Roof is 5 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,549
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,980
$531.0K
Cap Rate 7%
$379,271
$379.3K
Cap Rate 9%
$294,989
$295.0K
Market Conditions
NOI Build-Up for 1,609 SF
Gross rent
$48.3K $30.00/SF
− Vacancy
−$5.8K −$3.60/SF
EGI
$42.5K $26.40/SF
− OpEx
−$15.9K −$9.90/SF
NOI
$26.5K $16.50/SF
Area
Hudson County, NJ
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,980
Cap Rate 7%
$379,271
Cap Rate 9%
$294,989
Alternative Uses
Best Use
Mixed Use
$379.3K
$331.9K – $442.5K
NOI $26,549 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$582.6K
$509.8K – $679.7K
NOI $40,784 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,159
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-family property combines a ground-floor preschool with an upper-level studio apartment.
Where is this mixed-use property located?
The property is located at 725 17th Street Union City, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑family building with a first‑floor preschool and upper‑level studio apartment; 1,609 square feet; Roof is 5 years old
