570 56th St - Apartments FOR SALE


West New York, NJ 07093
$999,000 USD
201-868-6300
570 56th St, West New York, NJ for Sale
$999,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

570 56th St
West New York, NJ 07093


HIGHLIGHTS

  • Box style apartments
  • Tenants pay for hot water
  • 40% upside in rents
  • West New York vacancy capital improvements =$50/month/$1,000 invested

OVERVIEW

Three-story brick apartment building featuring box-style apartments with front and back layouts. Constructed with solid brick, it is located just 1/2 mile from the Light Rail Station. There is a 40% upside in rents.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

I-L

APN/PARCEL ID

12-00120-0000-00057

ASK ABOUT THIS PROPERTY

Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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