7101 Park Ave,West New York, NJ 07093
West New York, NJ 07093
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.
Details
| MLS # | 260014307 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 60 |
| Listing Provided By | KELLER WILLIAMS VILLAGE SQUARE REALTY | ARIEL MOREL |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
Exterior
| Exterior Finish | Other-See Remarks |
|---|
Parking
| Parking Available | None |
|---|
Taxes
| Property | 13800 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Hudson |
| City | West New York |
| Zip Code | 07093 |
| Area | West New York |
| Subarea | West New York |
| Community Name | Take Fairview Ave and Main Dr to Park Ave |
| Listing VS Median (in Take Fairview Ave and Main Dr to Park Ave) | |
Price: $875,000 low | high Med: $0 On site: 60 low | high Med: | |
Market Activity 07093
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Learn More About This Property
| State | NJ |
|---|---|
| County | Hudson |
| City | West New York |
| Zip Code | 07093 |
| Area | West New York |
| Subarea | West New York |
| Community Name | Take Fairview Ave and Main Dr to Park Ave |
| Listing VS Median (in Take Fairview Ave and Main Dr to Park Ave) | |
Price: $875,000 low | high Med: $0 On site: 60 low | high Med: | |
