6507 Bergenline AveWest New York, NJ 07093
- Other commercial real estate
- 2,888 SF
Property Details for 6507 Bergenline Ave
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 2,888 SF
- Property type
- Other commercial real estate
- APN
- 12 00154-0000-00011
- APU
- 1200154000000011
Description
This exceptional investment opportunity presents a mixed-use property located at 6507 Bergenline Avenue in West New York, New Jersey, 07093. The 4,000 square foot building offers a compelling blend of retail and residential space, ideal for a savvy investor seeking strong rental income and potential appreciation. The property comprises a street-level retail store with a full basement, providing ample storage or expansion possibilities. Above the retail space are four well-maintained, two-bedroom apartments, each offering comfortable living spaces. The entire building has undergone a complete renovation within the past five years, ensuring modern amenities and reduced maintenance costs for the new owner. This translates to a low-maintenance, high-return investment. Situated in a high-visibility location on Bergenline Avenue, the property benefits from excellent foot traffic and convenient access to public transportation, providing easy commutes to New York City. The asking price for this turnkey investment is $1,675,000. This property represents a rare chance to acquire a well-maintained, income-generating asset in a thriving New Jersey location. The combination of retail and residential units offers diversification and stability, making it an attractive option for both seasoned and first-time investors. Don't miss this opportunity to secure a valuable piece of West New York real estate.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $546,523
- Hospitality
- $500,612
- Educational
- $416,503
- Medical
- $430,827
- Retail
- $647,894








Location Insight
- City
- West New York
- County
- Hudson
- State
- New Jersey
- Latitude
- 40.7933
- Longitude
- -74.0133
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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