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58 Bruce Avenue, Yonkers, NY, 10705 $2,500,000

Multi Family Commercial  

Property Picture
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Details ML#: H6328259  

  • # of Families: 15
  • Sale or Rent:Sale
  • Year Built: 1925
  • Taxes: $26,237
  • Status:Active

Description

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 ft6 (1 Bed) 550 sq ft1 (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

More Property Details

Property Features

Lot Size: 0.06  

Appliances & Utilities

Heat: Natural Gas, Radiant   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $26,237  

Local Area Information

School District: Yonkers   Zoning: A  

Listing Information provided courtesy of Houlihan Lawrence Inc.  914-962-4900
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