Six-Unit Multifamily with
For Sale
$3,398,000
6123 TYLER PL, West New York, NJ 07093
Six units with studio through three-bedroom apartments, plus 12 on-site parking spaces for added revenue.
Property SizeContact for details
Days on Market86
Property Features for 6123 TYLER PL
General Information
Standard status
Active
Property subtype
Investment
Listing Agency:
HUDSON DIGS REALTY LLC
Listed By:
YILLIAN COCA
(201) 737-9999
Source:
Serhant
Added: Jun 17
Changed: Aug 25
Last Checked: Sep 9 at 8:38AM
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 HUDSON DIGS REALTY LLC
Investment Insights
Based on property information with market context.
This six-unit multifamily property includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments. A standout feature is the presence of 12 on-site parking spaces, creating an additional income stream beyond residential rents.
The property is positioned for commuter convenience in West New York, NJ, with access to Manhattan via NJ Transit, NY Waterway Ferry, and the Lincoln Tunnel. Public remarks also note strong commuter appeal and rental demand in the area.
The offering is projected to generate approximately $280,800 in annual gross income and $241,800 in net operating income, with an asking price of $4.03 million, reflecting a 6.0% cap rate (as stated in the provided information).
The property is positioned for commuter convenience in West New York, NJ, with access to Manhattan via NJ Transit, NY Waterway Ferry, and the Lincoln Tunnel. Public remarks also note strong commuter appeal and rental demand in the area.
The offering is projected to generate approximately $280,800 in annual gross income and $241,800 in net operating income, with an asking price of $4.03 million, reflecting a 6.0% cap rate (as stated in the provided information).
Key Highlights
- 6‑unit multifamily property in West New York with studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments
- 12 on‑site parking spaces that can provide additional rental income
- Projected annual gross income of approximately $280,800 and projected NOI of approximately $241,800
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,715
Businesses Nearby
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Business Placement
Demographics for 07093, NJ
64,929
Population
27,451
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
54,108
Density / Sq Mi
$70,389
Median Household Income
$37,229
Median Earnings
$1,619
Median Rent
$390,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six units with studio through three-bedroom apartments, plus 12 on-site parking spaces for added revenue.
Where is this apartment building located?
The property is located at 6123 TYLER PL West New York, NJ.
What is the asking price?
The asking price for this property is $3,398,000.
What are key features of this property?
This property features: 6‑unit multifamily property in West New York with studio, 1‑bedroom, 2‑bedroom, and 3‑bedroom apartments; 12 on‑site parking spaces that can provide additional rental income; Projected annual gross income of approximately $280,800 and projected NOI of approximately $241,800
