123 63rd St - Apartments FOR SALE


West New York, NJ 07093
$1,400,000 USD
201-708-5067
123 63rd St, West New York, NJ for Sale
$1,400,000 USD
Apartments - FOR SALE
1/6
null | 6.63% Cap Rate

123 63rd St
West New York, NJ 07093


OVERVIEW

Prime 10-Unit Investment Opportunity in Hudson County Discover a rare multifamily asset in one of West New York's strongest and most consistently in-demand rental corridors. 123 63rd Street is a 10-unit building offering stability, income potential, and long-term upside in a location that continues to see sustained growth and tenant demand. The property features a well-balanced mix of apartments, all within a structure that has been thoughtfully maintained and cared for over the years. With strong cash flow, efficient operating expenses, and solid tenancy, this building presents an appealing opportunity for both new and seasoned investors looking for a high-performing addition to their portfolio. Positioned near major transportation options, including NJ Transit bus service, ferry connections, and fast access to major highways, the location provides seamless connectivity to Manhattan, Hoboken, and the broader Hudson County market. Residents benefit from proximity to shopping, dining, and neighborhood amenities that make this area one of the most desirable rental pockets in Northern New Jersey. With its combination of location, scale, and return potential, 123 63rd Street represents a compelling investment with room for future growth. Inquire for full financials, rent roll, and detailed offering information. ***Heat and water are paid by the owner. Boiler gas 4 years old. All units are in good condition, no violation or assessments.***

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

10

PRICE/UNIT

$140,000

CAP RATE

6.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

123 63rd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R-M

APN/PARCEL ID

12-00028-0000-00006

ASK ABOUT THIS PROPERTY

Joseph AzizPrestige Property GroupMore Info
201-708-5067

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Joseph AzizPrestige Property GroupMore Info
201-708-5067

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.