9
See all 9 photos
$949,999
Est. payment /mo
6 Baths
New
548 59TH ST West New York, NJ 07093
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260011668
Full Baths 6
Annual Tax Amount $14,800
Property Sub-Type Investment
Property Description
Prime value-add investment opportunity in the heart of West New York, NJ. This well-maintained all-brick 6-unit multifamily property features six oversized 2-bedroom, 1-bath apartments and offers strong in-place cash flow with significant upside potential. Located just minutes from Manhattan transportation, the property benefits from below-market rents, a fully renovated Unit #1, and Unit #4 being delivered vacant, providing an immediate opportunity for renovation and increased rental income. With market rents supporting approximately $2,000 per unit, investors can capitalize on substantial future revenue growth in one of Hudson County's strongest and most desirable rental markets.
Location
State NJ
County Hudson
Area West New York
Listed by KELLER WILLIAMS CITY VIEWS
Nearby Locations
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