West New York, NJ 07093 · Investment · For Sale · MLS 260013777
5901-07 Madison St
$2,400,000
Investment
Use
10
Units
0
Parking spaces
10
Days Listed
About this property
RARE MIXED-USE CASH FLOW OPPORTUNITY 9-Family + Fully Rented Grocery Store in a Prime Location Located in Hudson County , NJ. Secure a high-yield, low-management asset in one of Northern New Jersey’s most high-demand rental markets. Located in booming West New York, NJ, this mixed-use building delivers immediate, stable income with a powerful $223,000 yearly gross revenue. The property consists of 9 residential family units with historically low vacancy rates, paired with a fully rented, established street-level grocery store providing a rock-solid commercial anchor in a prime location . Fully rented with an established $223,000 annual income. Tenant-Paid Utilities: Features completely separate water and heating systems for every unit—drastically reducing owner expenses and protecting your bottom line. Perfect for a 1031 exchange or a long-term portfolio anchor in a rapidly appreciating gold-coast Call today to request the full financial breakdown and schedule a private showing.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationWest New York, NJ 07093
MLS #260013777
Space
Units10
ConstructionBrick
Site & exposure
Parking spaces0
Investment
Annual taxes$22,500
Est. gross income$223,001
Est. operating expense$45,000
Mixed useYes
Rent controlYes
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 5901-07 Madison St?
The asking price is $2,400,000.
What is 5901-07 Madison 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 5901-07 Madison 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.
