Hudson View 211-213 64th St
18 Unit Apartment Building $3,456,000 ($192,000/Unit) 6.27% Cap Rate West New York, NJ 07093
INVESTMENT HIGHLIGHTS
- 39% Upside
- $192K Price Per Unit
- 16 Two & 2 One Bedroom Units
- 6 Units Delivered Vacant
- Average rent is $1,569 – market is $2,177 ($600+ difference upon turnover)
- Brand New Boiler & Water Heater – 2024
EXECUTIVE SUMMARY
Broker of Record
Patrick Forde
License No. 2330333 (NJ)
Patrick Forde
License No. 2330333 (NJ)
PROPERTY FACTS
| Price | $3,456,000 |
| Price Per Unit | $192,000 |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 13,300 SF |
| No. Stories | 4 |
| Year Built | 2000 |
1 of 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 12-00026-0000-00006 | Improvements Assessment | $315,000 |
| Land Assessment | $107,500 | Total Assessment | $422,500 |
ZONING
| Zoning Code | R-H, W New York Tow |
