117-119 36Th St Union City, NJ 07087
This exceptional Union City, NJ property, located at 117-119 36th Street, offers 15,000 square feet of versatile space, ideal for a variety of businesses. The building, situated between Park and Hudson Avenues, comprises three floors, each approximately 5,000 square feet, with large open floor plans perfect for customization. High ceilings, ranging from 12 to 16 feet, contribute to a spacious feel. Currently entirely vacant, this property presents a unique redevelopment opportunity, given its location in a densely residential area and its status as one of the last remaining industrial buildings in the vicinity. The building's history includes use as automobile storage and, more recently, a commercial kitchen. Notable features include floor drains, freezer space, and an industrial freight elevator connecting all three floors. Its convenient location near the Lincoln Tunnel provides easy access to New York City. The property is zoned for industrial/warehouse use and is situated in Hudson County. The minimum divisible space is 5,000 square feet, with a maximum contiguous space of 5,000 square feet. The building consists of three suites. This is a prime opportunity for investors or businesses seeking a unique and strategically located property with significant redevelopment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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