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Patric Santo Pietro

[email protected] +1(732) 570-5442

Listed by Byung Chung Realty 7, LLC

$ 4,100,000

Est. payment -/mo

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Under Contract

6 Alliotts PL Palisades Park, NJ 07650

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Key Details

Property Type Multi-Family

Sub Type 5+Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 26010341

Style 5+Family

Property Sub-Type 5+Family

Property Description

We are pleased to offer this high-performing 14-unit multi-family building perfectly situated directly on Broad Ave in the heart of Palisades Park. Total of 14 units consisting of 12 spacious 1-Bedroom/1-Bath apartments and 2 Studio apartments. One unit is currently occupied by an on-site Building Superintendent, ensuring smooth day-to-day operations. Excellent Location: Unbeatable access to local shops, dining, and NYC public transportation, making this a highly sought-after location for tenants. Strong Cash Flow: This property offers stable income with high rental upside. Reason for Sale: First time on the market in yearsâ€”the current owner is retiring, presenting a rare opportunity for a new investor. High Occupancy: Ideally located for easy leasing with historically low vacancy rates. 10 Parking spaces, Roof less than 5 years old, sewer line changed 5 years ago: cost $60,000, emergency lights replaced.

Location

State NJ

County Bergen

NEARBY SCHOOL & BUSINESS

Patric Santo Pietro

Agent License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

6 Alliotts PL Palisades Park, NJ 07650

Key Details

Location

NEARBY SCHOOL & BUSINESS

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6 Alliotts PL