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West New York Multifamily

Multifamily | 5.76% CAP

Listing Contacts

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Active

Asking Price: $2,400,000
Address 

30 63rd St, West New York, NJ 07093

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Date Added
Feb 27, 2025
Days on Market
53 days
Time Since Last Update
45 days

Details

Property TypeMultifamily
SubtypeApartment Building
Square Footage4,200
Cap Rate5.76%
Occupancy100%
NOI$138,161
Year Built1900
Stories3
Lot Size (acres)0.06

Marketing Description

Marcus & Millichap is pleased to exclusively present 30 63rd Street, West New York, Hudson County, New Jersey.​

Investment Highlights

Extensively Gut Renovated, 100% Occupied Brick Building In West New York, Hudson County, New Jersey

Property Consists Of 6 Residential Units – All 2 Bed, 1 Bath Apartments With High End Finishes And In-Unit Washer/Dryer

Registered Rents Are Higher Than Actual Rents – 30% Upside

All Utilities Are Separate – Tenant Responsibility

Zero Cap Ex Required – New Roof, Major Plumbing, Electrical And HVAC

1 Block To Boulevard East – Convenient Access To All Major Public Transportation Routes

3 Mi To Lincoln Tunnel With Direct Access Into NYC

Dense Demographics With Over 95,000 People With An Average Household Income Over $96,000 Within 1-Mile Of The Subject Property

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,161.00
$11,513.42/mo

Valuation Metrics

0
DSCR
5.76%
Cap Rate
5.76%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

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