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6408-6410 Polk St 13 Unit Apartment Building $1,393,905 CAD ($107,223 CAD/Unit) West New York, NJ 07093
Investment Highlights
- Bankruptcy Auction!
- Immediately Income Producing, with Upside Potential
- Low Reserves
Executive Summary
Bankruptcy Auction: Low Reserves.
Opportunity to acquire a low-maintenance, income multi-family building in Hudson County, a vibrant Northern New Jersey community.
Strategically positioned in densely populated, transit-accessible neighborhoods, the building benefits from strong rental demand and convenient access to major transportation corridors providing connectivity to New York City and surrounding employment centers. With minimal vacancies and a diversified mix of tenants, this offering provides stabilized, ongoing income, potential future rent growth, and additional operational upside supported by recent capital improvements.
For more information about this property, please go to our website by clicking here (or cut and paste this into your browser): https://auctionadvisors.com/property-details/property_440/
Opportunity to acquire a low-maintenance, income multi-family building in Hudson County, a vibrant Northern New Jersey community.
Strategically positioned in densely populated, transit-accessible neighborhoods, the building benefits from strong rental demand and convenient access to major transportation corridors providing connectivity to New York City and surrounding employment centers. With minimal vacancies and a diversified mix of tenants, this offering provides stabilized, ongoing income, potential future rent growth, and additional operational upside supported by recent capital improvements.
For more information about this property, please go to our website by clicking here (or cut and paste this into your browser): https://auctionadvisors.com/property-details/property_440/
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,393,905 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $107,223 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 7,074 SF |
| Sale Condition | Distress Sale | No. Stories | 3 |
| No. Units | 13 | Year Built | 1918 |
| Property Type | Multifamily | Parking Ratio | 0.99/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RM - Residential Multi-Family | ||
| Price | $1,393,905 CAD |
| Price Per Unit | $107,223 CAD |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 7,074 SF |
| No. Stories | 3 |
| Year Built | 1918 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | RM - Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Sprinkler System
- Range
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-00155-0000-00001 | Total Assessment | $280,210 CAD (2026) |
| Land Assessment | $182,136 CAD (2026) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $98,073 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
12-00155-0000-00001
Land Assessment
$182,136 CAD (2026)
Improvements Assessment
$98,073 CAD (2026)
Total Assessment
$280,210 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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6408-6410 Polk St
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