530 57th St - Apartments FOR SALE


West New York, NJ 07093
$950,000 USD
201-215-1806
530 57th St, West New York, NJ for Sale
$950,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

530 57th St
West New York, NJ 07093


HIGHLIGHTS

  • Investment Opportunity
  • Strategic Retail Location
  • Transit Oriented Lcoation
  • Urban Enterprise Zone
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the mixeduse investment property located at 530 57th Street in West New York, New Jersey (“the Property”). The Property is improved by a two-story brick building with four (4) total units made up of one (1) commercial unit and three (3) residential units comprised of one (1) Studio unit and two (2), 2-Bedroom/1-Bathroom units on a 0.07-acre parcel of land. The Property is located along 57th Street, one block from the signalized intersection of Bergenline Avenue and 57th Street in the northern section of West New York. Bergenline Avenue is the area’s primary commercial corridor and is home to an extensive array of retailers, restaurants, bars and service amenities. 530 57th Street is 0.5-miles from the Bergenline Avenue Station with service on the Hudson-Bergen Light Rail, 1 mile from the Tonnelle Avenue and Port Imperial Ferry Light Rail Stations, 1-mile from Port Imperial/Weehawken Ferry, and 2.1-miles from the Lincoln Tunnel connecting the area with midtown Manhattan. The Property also benefits from its proximity to numerous interstates and state highways (Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3). West New York is a small bedroom suburb of New York City, located in the heart of Hudson County within the New York metropolitan area. The densely populated area is 3-miles west of New York City.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

12-00126-0000-00035

ASK ABOUT THIS PROPERTY

Connor RussoHorvath & TremblayMore Info
201-215-1806

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Connor RussoHorvath & TremblayMore Info
201-215-1806

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