West New York, NJ 07093 · Investment · For Sale · MLS 260022069
5012 Palisade Ave
$1,150,000
Investment
Use
2
Parking spaces
10
Days Listed
About this property
5012 Palisade Avenue is a Mix/Use Investment Property in the Northern Part of Hudson County Situated upon the New Jersey Palisades. Great opportunity for Investors, Owner User and Builder/Developers to acquire a property in the thriving town of West New York. Situated in the corner of 50th street and 51st street on Palisade Avenue the property provides an excellent return on your investment. The mechanic shop is a Stapleton of the town of West New York and has been a mechanic shop business for many years. With its attractive yearly Gross Income of $120,000.00 and low expenses this property works for anyone looking to acquire real estate in Hudson County minutes away from NYC. Please refer to associated docs for the I/E. 5012 Palisade Avenue can potentially be developed to add an additional 2 units turning this magnificent property into a 5 unit mix/use investment. The property also has four bays with 3 lifts and parking for over 8 cars. Contact the Listing Agent for your private showing. One of the apartments has access to the attic making it feel like a duplex unit.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationWest New York, NJ 07093
MLS #260022069
Space
Stories2
ConstructionBrick
Building systems
SprinklersNone
Site & exposure
Parking spaces2
Investment
Annual taxes$1,915,540
Est. gross income$120,000
Est. operating expense$28,755
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the West New York zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 5012 Palisade Ave?
The asking price is $1,150,000.
What is 5012 Palisade Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the West New York zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 5012 Palisade Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
