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6501 Park Ave 8 Unit Apartment Building $1,550,000 ($193,750/Unit) 4.97% Cap Rate West New York, NJ 07093
Investment Highlights
- Corner property
- One block from Blvd East
- All brick
Executive Summary
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
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
Data Room Click Here to Access
Property Facts
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-00011-0000-00029 | Improvements Assessment | $127,500 |
| Land Assessment | $82,500 | Total Assessment | $210,000 |
Property Taxes
Parcel Number
12-00011-0000-00029
Land Assessment
$82,500
Improvements Assessment
$127,500
Total Assessment
$210,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Triumph Group Real Estate, LLC
6501 Park Ave
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