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5200-5202 Palisade Ave 20 Unit Apartment Building $3,300,000 ($165,000/Unit) West New York, NJ 07093
EXECUTIVE SUMMARY
This 4-story brick apartment building boasts 20 units, making it an ideal choice for savvy investors. Located just 0.3 miles from the Light Rail Station, it offers exceptional
convenience for residents and potential tenants. Additionally, the property boasts very favorable capital improvement allowances, further enhancing its investment potential.
convenience for residents and potential tenants. Additionally, the property boasts very favorable capital improvement allowances, further enhancing its investment potential.
PROPERTY FACTS
| Price | $3,300,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $165,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 20 | Building Size | 14,408 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1940 |
| Zoning | R-M | ||
| Price | $3,300,000 |
| Price Per Unit | $165,000 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 14,408 SF |
| No. Stories | 4 |
| Year Built | 1940 |
| Zoning | R-M |
AMENITIES
UNIT AMENITIES
- Heating
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 11 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (79)
PROPERTY TAXES
| Parcel Number | 12-00095-0000-00001 | Improvements Assessment | $327,400 |
| Land Assessment | $132,000 | Total Assessment | $459,400 |
PROPERTY TAXES
Parcel Number
12-00095-0000-00001
Land Assessment
$132,000
Improvements Assessment
$327,400
Total Assessment
$459,400
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5200-5202 Palisade Ave
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