About 512 Monastery Place
Rare Investment Opportunity in the Heart of Union City! A truly unique opportunity to own a turn-key, 4-family property just minutes from Midtown Manhattan. Ultra-high rental income due to new development which enabled removal of rent control. This exceptional offering includes two separate structures—a front 2-family home and a rear 2-family home—connected by a charming shared courtyard. Unit 1 offers 1st floor and finished basement. It is fully updated with 3 bedrooms and 2 bathrooms. Unit 2 offers 3 bedrooms and 1 bathroom and is also fully updated. Unit 3 which is part of the rear home, offers 3 bedrooms and 2 bathrooms. Unit 4 offers 2 bedrooms and and 2 bathrooms with a huge private deck. Unit 3 and 4 are brand new renovations. Each unit has separate utilities, laundry in unit, and leases are on file. The property is ideally located just steps from NYC transportation, and near vibrant nightlife, top restaurants, cozy coffee shops, shopping, places of worship, and easy ac
Features of 512 Monastery Place
| MLS® # | 25007587 |
|---|---|
| Price | $1,999,995 |
| Bedrooms | 12 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Type | 2-4 Family |
| Style | Other |
| Status | Active |
Community Information
| Address | 512 Monastery Place |
|---|---|
| City | Union City |
| County | HUDSON |
| State | NJ |
| Zip Code | 07087 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | March 10th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Taylor C. Lucyk |
|---|---|
| Office | Christie's International Real Estate Group-Paramus |