6501 Park Ave - Apartments FOR SALE


West New York, NJ 07093
$1,550,000 USD
201-889-4494
6501 Park Ave, West New York, NJ for Sale
$1,550,000 USD
Apartments - FOR SALE
1/23
null | 4.97% Cap Rate

6501 Park Ave
West New York, NJ 07093


HIGHLIGHTS

  • Corner property
  • All brick
  • One block from Blvd East

OVERVIEW

MIXED USE BUILDING FOR SALE! PRIME INVESTMENT OPPORTUNITY IN WEST NEW YORK. 8 RESIDENTIAL UNITS + 1 COMMERCIAL AND ONE CAR GARAGE. PRIME CORNER LOCATION, 1 BLOCKFROM BLVD EAST RESIDENTIAL UNITS (STUDIOS, 1BRS, &2BRS) SEPARATE ELECTRIC & GAS METERS FOR ALL TENANTS HIGH-DEMAND RENTAL AREA NEAR SHOPPING, PARKS, AND NYC TRANSIT TWO UNITS WILL BE DELIVERED VACANT,PROVIDING THE OPPORTUNITY TO RAISE RENTS TO MARKET LEVELS, WITHPROJECTED RENTS OF $1,600 FOR ONE UNIT AND $1,850–$2,000 FOR THE OTHER

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

8

PRICE/UNIT

$193,750

CAP RATE

4.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,510 SF

ZONING

CR

APN/PARCEL ID

12-00011-0000-00029

ASK ABOUT THIS PROPERTY

Mohamed EisaTriumph Group Real Estate, LLCMore Info
201-889-4494

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Mohamed EisaTriumph Group Real Estate, LLCMore Info
201-889-4494

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