West New York, NJ 07093,516 51ST ST
West New York, NJ 07093,516 51ST ST
West New York, NJ 07093,516 51ST ST
West New York, NJ 07093,516 51ST ST
West New York, NJ 07093,516 51ST ST
West New York, NJ 07093,516 51ST ST
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$ 825,000
Est. payment | /mo

3 Beds

2 Baths


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$ 825,000
Est. payment | /mo
Save

3 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250007472

Bedrooms 3

Full Baths 2

HOA Fees $1/mo

Annual Tax Amount $13,825

Tax Year 2024

Lot Dimensions 25 X 112

Property Sub-Type 4 Family

Property Description

Potential 6.5% Cap. Solid investment opportunity for both end-user and investor in a high-demand location near the Light Rail station. This mixed-use property features two commercial spaces—one currently leased to a licensed psychologist (1100 Sq Ft), and the second, a clean and versatile space ideal for professional or medical office use (500 Sq Ft). The property also includes two rented residential units: a 1BR apartment above the doctor's office, and a detached 3BR unit located at the rear of the lot. Strong rental demand and potential for a 6.5% cap rate make this a compelling addition to any investment portfolio and especially if you have a practice and want to live on site. All newer and separate utilities. Central AC/Heat. This property is a well-oiled machine.

Location

State NJ

County Hudson

Area West New York

Rooms

Basement Unfinished, Walk-Out

Interior

Heating A/C Central, Hot Air, Baseboard, Gas

Cooling A/C Central, Hot Air, Baseboard, Gas

Exterior

Exterior Feature Brick

Parking Features None

Listed by EXP REALTY LLC

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516 51ST ST

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+1(929) 374-4985

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495 New Rochelle Rd, Bronxville, NY

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