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16-Unit Union City Multifamily – 7% Cap Rate, Value-Add, Near Manhattan Transit <p><strong>Value-Add Opportunity</strong></p><ul><li>16 Units</li><li>7.00% Cap Rate</li><li>$145K Price Per Unit</li></ul><p><strong>Building Highlights</strong></p><ul><li>1 Parking Spot</li><li>Brick Building</li><li>Strong unit mix of one- and two-bedroom apartments</li><li>3 New Boilers in 2024</li><li>Laundry in Basement</li><li>Less than 20-minute commute to Midtown Manhattan</li><li>Separately Metered</li><li>Tenants pay for, cooking gas, & electric</li><li>Landlord pays for
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