Union City Development Site

Union City, NJ

For Sale

$2,750,000

OVERVIEW

LOCATION:
717 & 719 Sip Street, Union City, NJ 07087

Asset Type: Development Site/Land

Lot Dimensions: 51' x 200'

Buildable Sq Ft: 72,000

 

Description

 Besen & Associates, as exclusive agent for Ownership, is pleased to offer for sale 718 & 720 31st Street, 717, & 719 Sip Street.

 

Situated on a block-through site between Summit Avenue and Central Avenue, the property is located one block from I-495 and near the Bergenline Avenue light rail station.

 

This assemblage has preliminary plans for an 8-story hotel building with 120 keys and 44 off-street parking spaces as well as plans for a 30 unit rental building. This site could also be used for commercial purposes such as office or  self-storage.

 

Nearby Transportation

The subject property is one block from Route 495 and two miles from Manhattan via the Lincoln Tunnel.

 

One mile to the west is U.S. Route 1/9, Route 3, and the New Jersey Turnpike.

 

Newark Liberty International Airport is 12 miles away and LaGuardia Airport is 13 miles away.