6216-6218 Madison St - Apartments FOR SALE


West New York, NJ 07093
$2,000,000 USD
862-703-0801
6216-6218 Madison St, West New York, NJ for Sale
$2,000,000 USD
Apartments - FOR SALE
1/8
null | 6.6% Cap Rate

6216-6218 Madison St
West New York, NJ 07093


OVERVIEW

Property Highlights • Well-kept apartment asset in a dense, commuter-friendly Hudson County submarket • Walkable to Bergenline Avenue retail, services, and dining • Fast access to NJ Transit bus service to Midtown and nearby Hudson-Bergen Light Rail / PATH connections • Efficient layouts; professionally managed; separately metered utilities • On-site parking revenue stream enhances cash flow Location West New York, NJ (Hudson County) immediate access to Bergenline Avenue’s retail spine, near major employment centers in Jersey City, Hoboken, and Midtown Manhattan. Strong renter demand, limited supply, and durable occupancy dynamics. Financial Overview • Cash-flow day one with a clean path to yield enhancement via rent normalization and minor upgrades • Transit-oriented location supports sustained occupancy and rent growth • Bite-sized price point ideal for 1031 and private capital buyers

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

10

PRICE/UNIT

$200,000

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

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-R

APN/PARCEL ID

12-00151-0000-00007

ASK ABOUT THIS PROPERTY

Steven MatovskiRedwood Realty AdvisorsMore Info
862-703-0801

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Steven MatovskiRedwood Realty AdvisorsMore Info
862-703-0801

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