306 64Th St, West New York, NJ 07093
3,230 SF | 100% Leased | Retail Building | West New York, NJ 07093 | $725,000 ($224/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $725,000
- Property Type
-
Retail
- Square Feet
- 3,230 SF
- Price / Square Foot
- $224
Listing Contacts
Raquel Pena
Verified Profile
- Property Info
Property Overview
306 64th St. is a three-story, three-unit mixed-use building in West New York, NJ. This 3,000-square-foot brick property features separate utilities for each unit, presenting an excellent opportunity for investors to add a cash-flowing asset to their portfolio.
Located just two blocks from Bergenline Avenue, Hudson County’s primary business strip, the building benefits from proximity to businesses, restaurants, and shopping, and is three blocks from the scenic Boulevard East. Its strategic position near major transport routes such as the George Washington Bridge, the Lincoln Tunnel, Interstates 495 and 95, and Routes 1 and 9, makes it particularly attractive. This vibrant and diverse business community offers retail opportunities that are unparalleled.
Situated across the Hudson River from Manhattan, West New York offers easy access to the dynamic urban life of one of the world’s most eclectic cities. It is part of the North Hudson County submarket, which attracts renters due to its relative affordability and convenience—over 77% of residents are renters. The area's solid multifamily market and tight vacancies have led to increasing rents, offering significant upside potential for investors.
The first floor hosts a spa, while the second and third floors are residential apartments that offer ample space but require some updates. The property is sold in strictly as-is condition.
Located just two blocks from Bergenline Avenue, Hudson County’s primary business strip, the building benefits from proximity to businesses, restaurants, and shopping, and is three blocks from the scenic Boulevard East. Its strategic position near major transport routes such as the George Washington Bridge, the Lincoln Tunnel, Interstates 495 and 95, and Routes 1 and 9, makes it particularly attractive. This vibrant and diverse business community offers retail opportunities that are unparalleled.
Situated across the Hudson River from Manhattan, West New York offers easy access to the dynamic urban life of one of the world’s most eclectic cities. It is part of the North Hudson County submarket, which attracts renters due to its relative affordability and convenience—over 77% of residents are renters. The area's solid multifamily market and tight vacancies have led to increasing rents, offering significant upside potential for investors.
The first floor hosts a spa, while the second and third floors are residential apartments that offer ample space but require some updates. The property is sold in strictly as-is condition.
Property Details
- Class
- C
- Year Built
- 1899
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 1,307 SF
Highlights
- Exceptional Investment Opportunity! A versatile three-story, mixed-use building located near vital transport routes and thriving commercial hubs
- Great potential for income growth and capital appreciation!
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