7002 John F Kennedy Blvd E #42B, West New York, NJ, 07093 | $608/mo Cash Flow

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7002 John F Kennedy Blvd E #42B, West New York, NJ, 07093 | $608/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in West New York at 7002 John F Kennedy Blvd E #42B, West New York, NJ, 07093 uses $91,163 cash to close to unlock $7,294/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $2,568/mo, and a $1,346/mo payment keeps the spread at $608/mo. Purchase price stands at $275,000, and rental yield measures 11.21% with $2,568/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 146.98% and total cumulative return in cash records $133,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,568/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the 42nd floor of Galaxy Towersjust one level below the penthouses, where this spacious 1-bedroom, 1.5-bath condo offers breathtaking, unobstructed views of the NYC skyline and George Washington Bridge through dramatic oversized windows. With an open and generously sized layout, a large living and dining area, ample storage, and a private primary suite with its own full bath plus an additional powder room, this home delivers incredible potential and unmatched elevation. Galaxy Towers offers true resort-style living with every amenity at your fingertips: 24/7 concierge and security, indoor and outdoor pools, a full fitness center, spa amenities including sauna, steam room and jacuzzi, tennis and pickleball courts, a beautifully landscaped private garden, residents' lounge and meeting rooms, game room, children's playroom, and a convenient on-site mini-mall featuring a grocery store, pharmacy, restaurants, salon, daycare and more. Maintenance includes all utilities, and garage parking is available. All of this just minutes from Manhattanluxury, convenience, and world-class views in one iconic tower.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,378 (100%)
Owner Occupied HU	5,004 (19.0%)
Renter Occupied HU	19,734 (74.8%)
Vacant Housing Units	1,640 ( 6.2%)
Median Home Value	$596,289
Average Home Value	$628,701