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Patric Santo Pietro

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

Listed by Yillian Coca Hudson Digs Realty

$ 3,398,000

Est. payment -/mo

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Price Dropped by $632K

6123 Tyler PL West New York, NJ 07093

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26022829

Style Retail

Property Sub-Type Retail

Property Description

Located in the heart of the New Jersey Gold Coast, the property offers convenient access to Manhattan via NJ Transit, NY Waterway Ferry, and the Lincoln Tunnel. Its strong commuter appeal, diversified unit mix, and additional parking revenue make it an attractive investment opportunity in one of Hudson Countyâ€™s most desirable rental markets. 6123 Tyler Place is a six-unit multifamily property located in West New York, NJ, featuring a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. A standout feature is its 12 on-site parking spaces, providing an additional income stream in an area where parking is highly sought after. The property is projected to generate approximately $280,800 in annual gross income and $241,800 in net operating income, with an asking price of $3.4 million, representing a 7.12% cap rate.

Location

State NJ

County Hudson

Interior

Heating Baseboard, Central Air, Other Fuel Source/See Rmk

Patric Santo Pietro

Agent License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

6123 Tyler PL West New York, NJ 07093

Key Details

Location

Interior

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6123 Tyler PL