165 62nd St, West New York, NJ 07093

Property Description

4 Unit Mixed-Use Building in Prime Location!!! Located on the corner of 62nd Street and Broadway, this 2-story modern stucco building feature's 3 residential units and 1 commercial unit with a long-standing tenant base. On the first floor you will find 1 commercial space with private basement access, occupied by a money transfer/check cashing business, as well as a 2BR apartment and private 2 car garage. While the second floor features two 1BR apartments. All units are rented below market, have separate utilities, and a lot of upside potential. Gross income is $59,700 per year with a Net Operating Income of $32,220!!! This is a great opportunity to purchase an income producing property in a very desirable location, with easy NYC Transportation!!!