Come see this corner lot Mixed-Use investment property in Yonkers with 14 Apartments and 1 Retail Storefront.
The (15) Total Units consist of:
8 (2 Bed) 850 sq ft
6 (1 Bed) 550 sq ft
1 (Retail Store on ground level)
It's a nice brick building on the outside. Small lobby, 5-story walk-up,...
Come see this corner lot Mixed-Use investment property in Yonkers with 14 Apartments and 1 Retail Storefront.
The (15) Total Units consist of:
8 (2 Bed) 850 sq ft
6 (1 Bed) 550 sq ft
1 (Retail Store on ground level)
It's a nice brick building on the outside. Small lobby, 5-story walk-up, no elevator. New 50 Year Roof, New (Gas & Oil) Boiler, (2) New HW Heaters.
Store Rented (Not Renovated)
7 Renovated (4 Rented, 3 Vacant)
2 UnRenovated (1 Rented, 1 Vacant)
5 Under Construction (5 Vacant)
The legally DHCR verified allowable rent for 2024 is $27,888 a month + $12,000 for store = $346,656 year.
Separate Utilities (Gas & Electric) for each apartment.
The owner pays for heat, hot water, water & waste removal.
Please review the attached P&L.
ASKING PRICE = $2,890,000