Mixed-Use Corner Property with
303 58th St, West New York, NJ 07093
15-unit mixed-use property with mark-to-market and retail income upside.
Type:Mixed Use, Multifamily, Retail
Property size:
7,992 SF- Added:
- Jan 26, 2026
- Days on Market:
- 108
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 303 58th St
General Information
- Standard status
- Active
- Size
- 7,992 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Listing agent David Betesh License #2296357
Listing office ICON RE Advisors - David Betesh - Intelligence
Listing date Jan 26, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ICON RE Advisors - David Betesh - Intelligence
HighLights
- High‑Visibility Corner Property: 15‑unit mixed‑use building (14 apartments + 1 retail storefront) on a prominent corner along Hudson Avenue.
- Prime Location with Immediate NYC Access: Minutes from Manhattan via bus, ferry, and Lincoln Tunnel.
- Significant Mark‑to‑Market Upside: Average in‑place residential rents are ~$1,506/unit vs. market ~$1,886/unit.
- Retail Income Upside: In‑place retail rent is ~$1,990/month vs. market ~$2,500/month.
- Value‑Add Opportunity: Utilize the Vacancy Capital Improvement Program (VCIP) in West New York.
- Dense, High‑Demand Rental Market: Located in a renter‑concentrated area with limited new supply.
Overview
This 15-unit mixed-use corner property features 14 apartments and one retail storefront. It is located on a high-visibility corner along Hudson Avenue. The property offers significant mark-to-market upside, with average in-place residential rents at approximately $1,506 per unit compared to a market rate of approximately $1,886 per unit. The Vacancy Capital Improvement Program (VCIP) in West New York allows for rent increases upon vacancy with qualifying improvements, presenting an ideal value-add strategy. There is also retail income upside, with in-place retail rent at approximately $1,990 per month compared to a market rate of approximately $2,500 per month. The property is situated in a dense, high-demand rental market, within one of New Jersey’s most renter-concentrated municipalities with limited new supply. It provides immediate access to New York City, being minutes away from Manhattan via bus, ferry, and the Lincoln Tunnel, catering to strong commuter demand. The property size is 7992 square feet.
Location Intelligence
Current Use by Public Records
JRM SOLUTIONS LLC
Business Management Consultant
Casa nuevas
Condominium Complex
Location Insight
- Map
- Local Demand
- City
- West New York
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.013659
- Latitude
- 40.78586
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 15-unit mixed-use property with mark-to-market and retail income upside.
Where is this mixed-use property located?
The property is located at 303 58th St West New York, NJ.
What are key features of this property?
This property features: High‑Visibility Corner Property: 15‑unit mixed‑use building (14 apartments + 1 retail storefront) on a prominent corner along Hudson Avenue.; Prime Location with Immediate NYC Access: Minutes from Manhattan via bus, ferry, and Lincoln Tunnel.; Significant Mark‑to‑Market Upside: Average in‑place residential rents are ~$1,506/unit vs. market ~$1,886/unit.
