7101 PARK AVE, West New York, NJ 07093

Beds
3
Baths
2

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Listed byKELLER WILLIAMS VILLAGE SQUARE REALTY
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Overview

Great investment opportunity in a prime location! This mixed-use property features two residential units and a commercial space, offering strong income potential. The first apartment offers 2 bedrooms and 1 bathroom, currently rented for $1,500/month, while the second unit is a 1-bedroom, 1-bathroom also generating $1,500/month. Both residential units are on a month-to-month basis, providing flexibility for future adjustments. Just one block from Blvd East and the New York City skyline, this opportunity is in a prime location that can’t be beat. The ground-level commercial space is occupied by a supermarket with a 10-year lease currently in its 7th year, paying $3,000/month, ensuring stable, long-term income. As an added bonus the property also features 3 parking spaces in the rear of the building with additional income of $730 monthly being generated from these spaces. Conveniently located near shops, dining, and transportation, this property is ideal for investors seeking a well-positioned, income-producing asset with growth potential.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
3
Number of bathrooms
2
Lot size (acres)
0.06

Exterior features

Horse amenities
Stable

Estimated monthly costs

Insurance
$517

Taxes

Tax Annual Amount (2024)
$13,800

Public schools

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Sourced from: Hudson County MLS®#: 260014307 Last checked:

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