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6408-6410 Polk St
West New York, NJ 07093
Multifamily Property For Sale
·
13 Units
Investment Highlights
- Bankruptcy Auction!
- Immediately Income Producing, with Upside Potential
- Low Reserves
Executive Summary
Bankruptcy Auction: Low Reserves.
Opportunity to acquire a low-maintenance, income multi-family building in Hudson County, a vibrant Northern New Jersey community.
Strategically positioned in densely populated, transit-accessible neighborhoods, the building benefits from strong rental demand and convenient access to major transportation corridors providing connectivity to New York City and surrounding employment centers. With minimal vacancies and a diversified mix of tenants, this offering provides stabilized, ongoing income, potential future rent growth, and additional operational upside supported by recent capital improvements.
For more information about this property, please go to our website by clicking here (or cut and paste this into your browser): https://auctionadvisors.com/property-details/property_440/
Opportunity to acquire a low-maintenance, income multi-family building in Hudson County, a vibrant Northern New Jersey community.
Strategically positioned in densely populated, transit-accessible neighborhoods, the building benefits from strong rental demand and convenient access to major transportation corridors providing connectivity to New York City and surrounding employment centers. With minimal vacancies and a diversified mix of tenants, this offering provides stabilized, ongoing income, potential future rent growth, and additional operational upside supported by recent capital improvements.
For more information about this property, please go to our website by clicking here (or cut and paste this into your browser): https://auctionadvisors.com/property-details/property_440/
Property Facts
| Price Per Unit | $76,846 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Sale Condition | Distress Sale | Building Size | 7,074 SF |
| No. Units | 13 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1918 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Zoning | RM - Residential Multi-Family | ||
| Price Per Unit | $76,846 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 7,074 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | RM - Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Property Taxes
| Parcel Number | 12-00155-0000-00001 | Improvements Assessment | $70,000 |
| Land Assessment | $130,000 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
12-00155-0000-00001
Land Assessment
$130,000
Improvements Assessment
$70,000
Total Assessment
$200,000
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