Buy with Yoreevo
$1,571,017
List Price: $1,599,000
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25 Fremont Street

Apartment in Harrison •  building info
9bd • 4ba • 5,846ft² $274 per ft²
Buy with Yoreevo

$1,571,017

List Price

$1,599,000

Key Details
Days on market
8
Last price change
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Estimated payment
$8,628/mo
Taxes
N/A
Maintenance
N/A
Description
Fully leased triplex in the heart of Harrison generating around a 7% cap rate, with immediate value-add upside. Current monthly rent roll totals $12,950 with low annual expenses of $35,757, producing a net operating income of $153,808. Unit Breakdown: 4BR/1BA: $4,950/month 3BR/1BA: $4,300/month 2BR/2BA: $3,700/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). 1st floor unit includes in-unit laundry. A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750–$1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over. Located at the end of a quiet no outlet street with a short commute to Metro-North, shops, and Harrison schools. This property offers long-term rental stability in an extremely desirable area! Fully occupied, and primed for even stronger future returns. New above ground 330 gallon oil tank, roof is 10 years old.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,599,000
Asking Price: $1,599,000
Term
30 Years
Down Payment
$159,000 (10%)
Min: 10% (159,000)
Rate
6.0 %
Mortgage Amount
$1,439,100
Mortgage Payment
$8,628
Estimated Yoreevo rebate
$27,983
Estimated closing cost
$23,000
Total monthly cost $8,628
Buy your dream home with us and get an estimated
$27,983 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Houlihan Lawrence Inc.

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