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570 56th St

6 Unit Apartment Building $999,000 ($166,500/Unit) West New York, NJ 07093

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Investment Highlights

Box style apartments
40% upside in rents

Tenants pay for hot water
West New York vacancy capital improvements =$50/month/$1,000 invested

Executive Summary

Three-story brick apartment building featuring box-style apartments with front and back layouts. Constructed with solid brick, it is located just 1/2 mile from the Light Rail Station. There is a 40% upside in rents.

Property Facts

Price	$999,000	Apartment Style	Low Rise
Price Per Unit	$166,500	Building Class	C
Sale Type	Investment	Lot Size	0.06 AC
No. Units	6	Building Size	3,500 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment	Year Built	1980

Price	$999,000
Price Per Unit	$166,500
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.06 AC
Building Size	3,500 SF
No. Stories	3
Year Built	1980

Unit Amenities

Air Conditioning
Kitchen

Refrigerator

Oven

Tub/Shower

Site Amenities

24 Hour Access
Tenant Controlled HVAC

Smoke Free

Public Transportation

Smoke Detector

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Walk Score ®

Walker's Paradise (96)

Transit Score ®

Excellent Transit (75)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	12-00120-0000-00057	Improvements Assessment	$130,000
Land Assessment	$50,000	Total Assessment	$180,000

PROPERTY TAXES

Parcel Number

12-00120-0000-00057

Land Assessment

$50,000

Improvements Assessment

$130,000

Total Assessment

$180,000

zoning

Zoning Code	I-L
I-L

Listing ID: 32693484
Date on Market: 8/5/2024
Last Updated:
Address: 570 56th St, West New York, NJ 07093

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570 56th St, West New York, NJ for sale Building Photo- Image 1 of 9 — 570 56th WNY (8)

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570 56th St, West New York, NJ for sale Interior Photo- Image 3 of 9 — 570 56th WNY (7)

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