$875,000
For Sale by Owner
Listed 11 days ago

3BR Multi-Family for Sale in West New York, NJ

7101 Park Ave, West New York, NJ 07093
3 Beds
2 Bath

Key Facts

Property TypeMulti-Family

Property Description

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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