$989,000
$989,000
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5012 PALISADE AVE West New York, NJ 07093
2.5 Baths
Key Details
Sold Price $989,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240002326
Sold Date 07/17/24
Full Baths 2
Half Baths 1
Annual Tax Amount $17,076
Lot Dimensions 23x110
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, Builder and 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 in business for over 18 years. With its attractive yearly Gross Income of $97,800.00 makes this property a perfect addition to anyone looking to acquire real estate in Hudson County minutes away from the City that Never Sleeps 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 the Listing Agent for your private showing. One of the apartments has access to the attic making one unit a duplex apartment.
Location
State NJ
County Hudson
Area West New York
Exterior
Garage Spaces 5.0
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Bought with CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP
