6803 Park Ave 4,672 SF 100% Leased Retail Building West New York, NJ 07093 $849,880 ($181.91/SF) 7% Cap Rate

**Excellent Investment Opportunity in Guttenberg!**
Rarely available, this three-story mixed-use building offers an excellent combination of commercial and residential income potential. The property features **one commercial unit and a studio apartment on the first floor, a spacious 2-bedroom/1-full-bath apartment on the second floor, and a 1-bedroom residential apartment on the third floor**, plus a **full unfinished basement currently utilized by the first-floor dry-cleaning tenant**.
The property features an **upgraded roof and separately metered utilities for each unit**, providing convenient and cost-effective management for the owner.
The first-floor commercial space is occupied by a **well-established dry-cleaning business that has operated at this location for more than 30 years**, offering a long history of tenancy and established neighborhood presence. The commercial space also provides **direct access to the backyard**.
**Current rents are significantly below current market rental potential**, providing an attractive opportunity for future income growth. Despite the below-market rents, the property currently generates **over a 7% cap rate**, offering strong cash-flow potential and upside for an investor.
Located in a **high-visibility, highly walkable area of Guttenberg**, the property enjoys excellent exposure and steady pedestrian activity. The surrounding neighborhood offers a wide variety of restaurants, cafés, delis, grocery stores, shops, salons, nail spas, bars, auto service businesses, municipal buildings, and other everyday conveniences.
**NYC and local bus transportation are just steps away**, while River Road is only a few blocks from the property, providing convenient access throughout Hudson County and to surrounding communities. Nearby parks and abundant street parking add to the property's convenience and appeal.
Whether you are looking to **expand your investment portfolio or occupy one unit while generating rental income from the others**, this income-producing mixed-use property offers exceptional versatility, significant rental upside, and long-term investment potential in a highly desirable Hudson County location.