123 63rd St - Apartments FOR SALE


West New York, NJ 07093
$1,398,000 USD
973-809-6274
123 63rd St, West New York, NJ for Sale
$1,398,000 USD
Apartments - FOR SALE
1/23
null | 6.6% Cap Rate

123 63rd St
West New York, NJ 07093


HIGHLIGHTS

  • One Way Street
  • 100% Occupied
  • Generating Consistent Cash Flow
  • Hudson County Strong Rental Market
  • 10 Units Mixed One and Two Bedrooms

OVERVIEW

Fully occupied 10-unit multifamily property consisting of a mix of one- and two-bedroom apartments. Maintained through long-term ownership, the property benefits from convenient access to Manhattan, NJ Transit bus service, major roadways, shopping, dining, and everyday neighborhood amenities that continue to support strong tenant demand throughout Hudson County. The property is subject to West New York rent control regulations and benefits from a long history of occupancy and in-place tenancy. Additional financial information, rent roll, and offering materials available upon request

FOR SALE DETAILS

PRICE

$1,398,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

10

PRICE/UNIT

$139,800

CAP RATE

6.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

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

Paul SkiadasKW Town LifeMore Info
973-809-6274

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Paul SkiadasKW Town LifeMore Info
973-809-6274

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