Log In/Sign Up
Your email has been sent.
Park West 6110-6112 Park Ave 21 Unit Apartment Building $4,345,000 ($206,905/Unit) 6% Cap Rate West New York, NJ 07093
Investment Highlights
- 21 Units | 3 Condo Buildings | 18/21 units are Free Market | 6.00% Cap Rate | 32% Upside
- Landlord pays for heat, hot water, water/sewer, and common area electric
- The building is approximately a 3-minute walk to 60th St at Park Ave bus stop which provides a total 16 minute trip to Manhattan via the PATH Train.
- All Two-Bedroom Units | Brick Building | All separately metered | Tenants pay for cooking gas and electric
- Prime Location in West New York
Executive Summary
Broker of Record
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
Patrick Forde
License # 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
52 Park Avenue, Suite B5, Park Ridge NJ 07656
(866) 889-0550
Property Facts
| Price | $4,345,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $206,905 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.02 AC |
| Cap Rate | 6% | Building Size | 7,724 SF |
| No. Units | 21 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Apartment | ||
| Zoning | RM, West New York | ||
| Price | $4,345,000 |
| Price Per Unit | $206,905 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 7,724 SF |
| No. Stories | 4 |
| Year Built | 2000 |
| Zoning | RM, West New York |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 21 | - | 750 |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (72)
Property Taxes
| Parcel Number | 12-00037-0000-00015-0000-C0003 | Improvements Assessment | $24,500 |
| Land Assessment | $3,700 | Total Assessment | $28,200 |
Property Taxes
Parcel Number
12-00037-0000-00015-0000-C0003
Land Assessment
$3,700
Improvements Assessment
$24,500
Total Assessment
$28,200
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Park West | 6110-6112 Park Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.