Property

West New York Town, NJ 07093 123 63Rd St

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Presented By: PRESTIGE PROPERTY GROUP MONTCLAIR; 973-860-7595
  • MLS# 3997750
  • 11/13/2025
  • Request Tour
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  • SQFT • 2,500

Home Details

Prime 10-Unit Investment Opportunity in Hudson CountyDiscover a rare multifamily asset in one of West New York's strongest and most consistently in-demand rental corridors. 123 63rd Street is a 10-unit building offering stability, income potential, and long-term upside in a location that continues to see sustained growth and tenant demand.The property features a well-balanced mix of apartments, all within a structure that has been thoughtfully maintained and cared for over the years. With strong cash flow, efficient operating expenses, and solid tenancy, this building presents an appealing opportunity for both new and seasoned investors looking for a high-performing addition to their portfolio.Positioned near major transportation options, including NJ Transit bus service, ferry connections, and fast access to major highways, the location provides seamless connectivity to Manhattan, Hoboken, and the broader Hudson County market. Residents benefit from proximity to shopping, dining, and neighborhood amenities that make this area one of the most desirable rental pockets in Northern New Jersey.With its combination of location, scale, and return potential, 123 63rd Street represents a compelling investment with room for future growth. Inquire for full financials, rent roll, and detailed offering information. ***Heat and water are paid by the owner. Boiler gas 4 years old. All units are in good condition, no violation or assessments.***
Presented By: PRESTIGE PROPERTY GROUP MONTCLAIR; 973-860-7595

Interior Features for 123 63Rd St

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath10
Num Units w/Half Bath
Half Baths

Other Interior Features

Price Per Sq Ft273.70
Available Sq Ft2500
Num 3 Bdrm Units0
Num 2 Bdrm Units6
Num 1 Bdrm Units4
Fuel TypeGas-Natural
Total Stories3

General for 123 63Rd St

Cap Rate6.63
ConstructionBrick/Block
CoolingWindow A/C(s)
CountyHudson
DirectionsBetween Broadway and Park Ave
Documents AvailableIncome & Expenses
DriveOn-Street Parking
EasementUnknown
Equipment AvailableSee Remarks
Gross Income143500
HeatingRadiators - Steam
Leasable Area
LocationResidential Area
MaintenanceExpense1000
Num Apts10
Number Of Units Total10
OwnershipFee Simple
Possession31-60 Days
Property TypeApartment Complex
Property TypeApartment Complex
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount22398
Tax Assessed Value271200
Tax Lot6
Tax Year2024
Town #1812
TownshipWest New York Town
UtilitiesGas-Natural, See Remarks
Utilities Paid ByLandlord
Year Built1940
ZoningResidential

Exterior for 123 63Rd St

Building Area Total5115
Exterior DescriptionBrick/Block
Lot Dimensions25X100
Lot Size Acres0.06
Max Ceiling Height8
Max Door Height7
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,400,000
MLS#3997750
List Date 11/13/2025
Property Type Commercial
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