6107 Jefferson St, West New York, NJ 07093

2,998 SF | Retail Building | West New York, NJ 07093 | $1,250,000 ($417/SF) | 7.81% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,250,000

Property Type
Retail
Square Feet
2,998 SF
Price / Square Foot
$417

Listing Contacts

Randy Reyes
Randy Reyes
Verified Profile
  • Property Info

Property Overview

Prime Location! 6 unit Mixed-Use building in the heart of West New York. 2 properties on 1 lot. 1 commercial, 5 residential units with parking. Owner currently occupies the building on 6107 Jefferson St. Rents are currently below market, all of the units are on month to month leases, none of the units are rented to Section 8. Tremendous potential to renovate and bring rents up to market. This property is located in an opportunity zone. Many new construction multi-family units have been built within the past few years.
Main Building
Unit 1 - Commercial space (Barbershop)
Unit 2 - Studio
Unit 3 - 3 Bedrooms 1 Bath
Unit 4 - 3 Bedrooms 1 Bath
Boiler hot water systems in each unit
Building in Rear (6107 Jefferson St)
Unit 1 - 2 Bedrooms 1 Bath (owner occupied)
Unit 2 - 2 Bedrooms 1 Bath (owner occupied)
Full Finished Basement with Half Bathroom (owner occupied)
Each unit has separate boiler and water heater

Property Details

Class
C
Year Built
1900
Stories
3
Property Subtype
Storefront Retail/Residential
Lot Size (sq. ft)
2,614 SF

Highlights

  • Corner Lot
  • Mixed Use
  • Tenants on month to month lease
  • Separate utilities

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