328 32nd St, Union City, NJ 07087

Property Description

Exceptional mixed-use investment opportunity in the heart of Union City! This fully occupied property offers an attractive 7% cap rate and a strong combination of residential and commercial income. The building features four residential apartments: two 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one spacious 3-bedroom/1-bath unit, plus an established restaurant occupying the ground-floor commercial space. All units feature central air conditioning and separately metered utilities, providing added efficiency and convenience for ownership. A major bonus is 8 on-site parking spaces, a highly desirable amenity in this densely populated area. Ideally situated near public transportation with convenient access to NYC, major highways, shopping, restaurants, schools, and everyday conveniences. With full occupancy, diverse income streams, a desirable location, and a compelling 7% cap rate, this is a rare opportunity for investors seeking a well-positioned income-producing property in one of Hudson County’s most convenient markets.