Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a six-unit multifamily property in West New York. The asset sold for $2,210,000.
“Multifamily properties in West New York remain highly attractive to the investment community,” said Devin Perez, associate investments. “We secured a buyer at approximately $368,000 per unit, representing the highest price per unit sold in 2025 in West New York.”
Perez, along with Alan Cafiero and Brent Hyldahl, investment specialists in Marcus & Millichap’s New Jersey office, represented the private seller.
The three-story building is located at 30 63rd St. and consists of six two-bedroom, one-bathroom apartments. According to realtor.com, the property is 4,248 square feet. Based on the sale price, the property is worth $520 per square foot.
The property was renovated, with improvements including a new roof and upgrades to plumbing, electrical and HVAC systems. It is one block from Boulevard East and about three miles from the Lincoln Tunnel, offering direct access to Manhattan.
