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    Income-Generating Property on Bergenline Avenue Title is generated by Realmo AI

    6104 Bergenline Ave, West New York, NJ 07093

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    Claim this Listing
    For Sale
    $2,500,000

    Well-maintained, fully leased property in high-traffic area, great for investors.

    Type:Commercial/Industrial
    Property size:
    8,926 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $280/SF
    Added:
    Feb 7, 2025
    Days on Market:
    515
    Last Refresh:
    Apr 5 at 8:31 pm

    Property Features for 6104 Bergenline Ave

    General Information

    Standard status
    Active
    Size
    8,926 SF
    Lot size
    0.12 Acres
    Property subtype
    Commercial/Industrial

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    CHARLENE BAI

    Listing office COLDWELL BANKER RESIDENTIAL BROKERAGE

    Listing date Feb 7, 2025

    Source Exitrealty

    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 COLDWELL BANKER RESIDENTIAL BROKERAGE

    HighLights

    • Prime location on Bergenline Avenue with high foot traffic and direct access to NYC transportation.
    • Fully leased building with 6 residential units and a storefront, providing immediate income.
    • Recent updates including a new roof (2022) and hot water tanks (2024).
    • NJ DCA Green Card received in 2024.
    • Storefront business lease in place until December 2025.
    • Basement offers substantial storage space equivalent to the above levels.

    Overview

    Located on Bergenline Avenue in the heart of downtown, this property benefits from high foot traffic and convenient access to transportation to New York City. The building features a storefront and six fully leased residential units. The residential units include a mix of one-bedroom, four-bedroom, and three-bedroom apartments. Specifically, at 6104 Bergenline Ave, the second floor contains a one-bedroom and a four-bedroom apartment, while the third floor has two three-bedroom apartments. At 6108 Bergenline Ave, both the second and third floors each contain a three-bedroom apartment. The basement provides storage space equivalent to the size of the floors above. Recent updates include a new full-cover rubber roof installed in 2022 and two hot water tanks replaced in 2024. A New Jersey Department of Community Affairs Green Card was received in 2024. The storefront business lease is active until December 2025. The lot size is 50 x 103. This property presents a potential opportunity for investors seeking an income-generating asset in a well-maintained building.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $267.8k $30.00
    − Vacancy −$18.2k −$2.04
    EGI $249.6k $27.96
    − OpEx −$112.3k −$12.58
    NOI $137.3k $15.38
    8,926 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.96M
    $1.72M – $2.29M (±1% cap)
    NOI $137,264 @ 7.0% cap · market cap 5.49%
    Second Best
    Retail
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,403 @ 7.0% cap · market cap 5.10%
    Theoretical Best
    Warehouse
    $3.23M
    $2.83M – $3.77M (±1% cap)
    NOI $226,254 @ 7.0% cap · market cap 9.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Klocko Garage Doors ... Building Supply Mach Art Academy Training Center

    Suggested Use

    Nursing Home Nursing Home Catering Service Coworking & Hybrid Office Restaurant Veterinary Clinic Fish Market Restaurant Carpet & Flooring Store Tanning Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West New York
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.015
    Latitude
    40.7904

    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully leased property in high-traffic area, great for investors.
    Where is this apartment building located?
    The property is located at 6104 Bergenline Ave West New York, NJ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Prime location on Bergenline Avenue with **high foot traffic and direct access to NYC transportation.**; Fully leased building with 6 residential units and a storefront, providing immediate income.; Recent updates including a **new roof (2022) and hot water tanks (2024).**
    More about this property
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