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$ 1,150,000
Est. payment | /mo
$ 1,150,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260022069
Annual Tax Amount $1,915,540
Lot Dimensions 21x108
Property Sub-Type Investment
Property Description
5012 Palisade Avenue is a Mix/Use Investment Property in the Northern Part of Hudson County Situated upon the New Jersey Palisades. Great opportunity for Investors, Owner User and Builder/Developers to acquire a property in the thriving town of West New York. Situated in the corner of 50th street and 51st street on Palisade Avenue the property provides an excellent return on your investment. The mechanic shop is a Stapleton of the town of West New York and has been a mechanic shop business for many years. With its attractive yearly Gross Income of $120,000.00 and low expenses this property works for anyone looking to acquire real estate in Hudson County minutes away from NYC. Please refer to associated docs for the I/E. 5012 Palisade Avenue can potentially be developed to add an additional 2 units turning this magnificent property into a 5 unit mix/use investment. The property also has four bays with 3 lifts and parking for over 8 cars. Contact for your private showing. One of the apartments has access to the attic making it feel like a duplex unit.
Location
State NJ
County Hudson
Area West New York
Exterior
Garage Spaces 2.0
Listed by COLDWELL BANKER
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