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$ 875,000
Est. payment /mo
New
7101 PARK AVE West New York, NJ 07093
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260014307
Bedrooms 3
Full Baths 2
HOA Fees $1/mo
Annual Tax Amount $13,800
Tax Year 2024
Lot Dimensions 2500
Property Sub-Type 3 Family
Property Description
Great investment opportunity in a prime location! This mixed-use property features two residential units and a commercial space, offering strong income potential. The first apartment offers 2 bedrooms and 1 bathroom, currently rented for $1,500/month, while the second unit is a 1-bedroom, 1-bathroom also generating $1,500/month. Both residential units are on a month-to-month basis, providing flexibility for future adjustments. Just one block from Blvd East and the New York City skyline, this opportunity is in a prime location that can't be beat. The ground-level commercial space is occupied by a supermarket with a 10-year lease currently in its 7th year, paying $3,000/month, ensuring stable, long-term income. As an added bonus the property also features 3 parking spaces in the rear of the building with additional income of $730 monthly being generated from these spaces. Conveniently located near shops, dining, and transportation, this property is ideal for investors seeking a well-positioned, income-producing asset with growth potential.
Location
State NJ
County Hudson
Area West New York
Rooms
Basement None
Interior
Heating Other-See Remarks
Cooling Other-See Remarks
Exterior
Exterior Feature Other-See Remarks
Parking Features None
Listed by KELLER WILLIAMS VILLAGE SQUARE REALTY
Nearby Locations