Matthews™ is pleased to exclusively present for sale 6110–6112 Park Ave, a 18-unit multifamily investment opportunity located in the heart of West New York, New Jersey. Comprised of two brick condo buildings, the property offers a compelling value-add opportunity with a projected 6.38% cap rate and approximately 33% upside through continued rent growth and operational efficiencies. The asset features a highly desirable
unit mix of all two-bedroom apartments, with 15 of the 18 units operating as free market, providing strong in-place cash flow with meaningful long-term upside. The buildings are fully separately metered, with tenants responsible for cooking gas and electricity, while ownership covers heat, hot water, water/sewer, and common area electric, supporting predictable expense management.
Value-Add Opportunity
Building Highlights
Convenient Transportation
License #: 01469842 (NJ)
(201) 218-9156david.ferber@matthews.com