6123 Tyler Pl, West New York, NJ 07093

$3,398,000

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Property Description

Located in the heart of the New Jersey Gold Coast, the property offers convenient access to Manhattan via NJ Transit, NY Waterway Ferry, and the Lincoln Tunnel. Its strong commuter appeal, diversified unit mix, and additional parking revenue make it an attractive investment opportunity in one of Hudson County's most desirable rental markets. 6123 Tyler Place is a six-unit multifamily property located in West New York, NJ, featuring a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. A standout feature is its 12 on-site parking spaces, providing an additional income stream in an area where parking is highly sought after. The property is projected to generate approximately $280,800 in annual gross income and $241,800 in net operating income, with an asking price of $3.4 million, representing a 7.12% cap rate.

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Listing courtesy of Listing Agent: Yillian Coca (ycocaleon@hudsondigsrealty.com) from Listing Office: Hudson Digs Realty.

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Source: New Jersey Multiple Listing Service, Inc.
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