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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260011833
Annual Tax Amount $24,000
Property Sub-Type Investment
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 County'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 $4.03 million, representing a 6.0% cap rate.
Location
State NJ
County Hudson
Area West New York
Exterior
Garage Spaces 12.0
Listed by HUDSON DIGS REALTY LLC