West New York, NJ 07093 · Investment · For Sale · MLS 260011668
548 59Th St
$949,999
Investment
Use
6
Units
0
Parking spaces
39
Days Listed
About this property
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.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationWest New York, NJ 07093
MLS #260011668
Space
Units6
Stories3
Site & exposure
Parking spaces0
Investment
Annual taxes$14,800
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 548 59Th St?
The asking price is $949,999.
What is 548 59Th St 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 548 59Th St?
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.
