FOR SALE: 4 Unit Home in Yonkers, 100% rented
Address 93 Van Cortlandt Park Avenue, Yonkers NY (vicinity of Park Hill/Maclean)
Description 3 story walkup consisting of 4 apartments
Size .24 acres Built 50X100
Layout 1/2.5, 2/5, 1/6
Total Apartments 4 Rooms 20
Assessment $438,776 (2007) Block/Lot 460/9/10
1st Mortgage $350,000 @5.75%, due in 2016, 25 year ammortization, 1% assumption fee
Estimated Taxes(08) $2,298.00
Expenses Water & Sewer $1,100.00
Payroll $2,650.00
Fuel (Oil) $10,000.00
Insurance $2,883.00
Utilities $600.00
Repairs & Maintenance $4,100.00 $23,631.00
Estimated Net Profit $29,889.00
Price $525,000
Remarks Building is right on Sullivan Oval Park, 2 blocks from school PS 23
Note Avg Rent/Apt $1115/mo.
Avg Rent/Room $372/mo.
Improvements New stucco siding, 2 apartments renovated
Very large backyard, possible development, plus rentable driveway
For sale by owner, as-is-, to experienced and qualified investor/owner.
Rent Roll
Apt Rent/Month Bedrooms Comments
BSMT $800.00 3 Stabilized
1 $1,100.00 3 Stabilized
2 $1,210.00 3 Section 8
3 $1,350.00 3 Stabilized
Residl. Monthly Total $4,460.00
Residl. Annual Total $53,520.00
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