521 60th St - Multi-Family FOR SALE


West New York, NJ 07093
$1,600,000 USD
201-685-3676
521 60th St, West New York, NJ for Sale
$1,600,000 USD
Multi-Family - FOR SALE
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null | Request Cap Rate

521 60th St
West New York, NJ 07093


OVERVIEW

- Fully occupied, cash flowing, 8-unit multifamily - Four 1-bedroom /1-bathroom units & four 2-bedroom /1-bathroom units - Current rents 65% of market - Provides future upside through annual CPI increases up to 5% & capital improvements upon vacancies - Ideal for long-term buy/hold with improvements over time to unlock upside in apartment rents

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$314 USD /SF

# OF UNITS

8

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

521 60th St, West New York, NJ

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-R

APN/PARCEL ID

12-00127-0000-00003

ASK ABOUT THIS PROPERTY

Alexander CalleSerhant New Jersey LLCMore Info
201-685-3676

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Alexander CalleSerhant New Jersey LLCMore Info
201-685-3676

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