$1,880,000
For Sale
Browse 13 photos
Type:Purchase
Structure:5+ Family
Zone:Residential

Description

*AAA location* A dramatic, *income-producing 6 FAMILY UNIT* on prestigious Gorge Rd in Cliffside Park. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!!Meticulously cared for years, hardwood flooring inlays, roof just 10 years old , new energy efficient boiler * 6 Car Parking, and much more. This rare gem has same ownership for the last 40 years. The building is fully occupied and generates a net annual income of (5.8%) per year with potential rent of (6.7%). This beautiful boutique building is an investment opportunity not to be missed on the most desired street of River Road.

  • Construction Details
      • Property TypePurchase
      • Style5+Family
      • Substyle5-25
    • Condition
      • Year Built1980's, Renovated, 2020's
  • Community and Neighborhood Details
      • CountyBERGEN
  • Financial Details
      • Taxes Annual$18,586
  • Other
      • MLS #24033076

Location

Keepsake Commercial RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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