Listing courtesy of HUDSON DIGS REALTY LLC
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 $4.03 million, representing a 6.0% cap rate.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than our company are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is deemed reliable but not guaranteed.