7,400 SF Multi-House / Retail For Sale

1169-1173 Yonkers Ave, Yonkers, NY 10704

$2,100,000 After Repair Value -
$1,670,000 Asking Price -
$0 Cost of Repairs =
$430,000 Potential Profit

Property Details

Asking Price $1,670,000

After Repair Value $2,100,000

Costs of Repairs $0

Potential Profit $430,000

Living Area 6000 ft2

Property Type Multi-Family

Bedrooms +6

Bathrooms 4

Half Bathrooms N/A

Parking 1

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $148,452

Yearly Expenses $32,165

Property Taxes $20,055

Net Operating Income $116,287

Cap Rate N/A

Property Description

Great frontage on Yonkers Avenue, just East of Bronx River Road and walking distance from Mount Vernon Train Station. Property has 12 rental incomes per month that are below market value. 3 Storefronts have ample parking in front with a fenced in yard. A lit up Marque sign stands tall on Yonkers Avenue. The three family house is on a dead end private street with 2-two bedroom, 1-3 bedroom apartments and a commercial office space. The basement is divided into 3 storage spaces with separate entrances. A commercial garage is located under the storefronts and has a large private driveway. Please do not disturb the tenants. Down the street from Yonkers Raceway & Empire City Casino.


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