Description
Exceptional mixed-use opportunity located on a quiet street in the heart of Union City with partial New York City views. 201 16th Street features a trendy, recently renovated caf occupying the first floor along with three residential apartments spanning the second and third levels. The third-floor unit and one of the second-floor apartments have been recently renovated, with the top-floor apartment offering partial NYC skyline views. Current rents are month-to-month, creating immediate upside potential for both investors and owner-occupants alike. A rare opportunity for a buyer to potentially occupy the third-floor unit before re-renting and take advantage of a true house-hack scenario while benefiting from income-producing units below. Fully registered with room for future rental increases, this property offers strong income potential, flexibility, and long-term value in one of Union City's most desirable and commuter-friendly locations.
Details
| MLS # | 4029380 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1913 |
| Days On Site | 148 |
| Listing Provided By | KELLER WILLIAMS PROSPERITY REALTY | ERIC JON MELNIKOFF |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 17613 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Hudson |
| City | Union City |
| Zip Code | 07087 |
| Area | Hudson |
| Listing VS Median (in 07087) | |
Price: $1,088,000 low | high Med: $899,900 On site: 148 low | high Med: 67 | |
Market Activity 07087
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Learn More About This Property
| State | NJ |
|---|---|
| County | Hudson |
| City | Union City |
| Zip Code | 07087 |
| Area | Hudson |
| Listing VS Median (in 07087) | |
Price: $1,088,000 low | high Med: $899,900 On site: 148 low | high Med: 67 | |
 | $1,275,00023 Hackensack AvenueWeehawken, NJ 07086 |