26 Hamilton Ave
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26 Hamilton Ave
7 Unit Block of Flats £1,346,535 (£192,362/Unit) 5.68% Net Initial Yield Ossining, NY 10562
Investment Highlights
- Close to Transportation, Train Station, Major Highways, Schools, Shops and Restaurants
- Excelent Income Producing
- Hudson River Views and Palisades
Executive Summary
Magnificent Turn of Century Victorian in the Historic Ossining, with Panoramic River Views, with unique architectural details and structure. Offering this cash flowing, well maintained seven (7) unit property with long term rentals (no leases) below market value with great opportunity for rent upside. Great condition all units are updated. Plenty of storage area and onsite parking ( 6 spaces) in front and additional in expanded back lot which also has possibility to build additional multi family structure. Conveniently located close to schools, shops. restaurants and train station. "sold as is" Two Units have dishwashers, Coin operatored washer & dryer Income $500-$600 monthly in basement.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | £1,346,535 | Building Class | C |
| Price Per Unit | £192,362 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 6,128 SF |
| Net Initial Yield | 5.68% | Average Occupancy | 100% |
| No. Units | 7 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1880 |
| Property Subtype | Apartment | Parking Ratio | 2.28/1,000 SF |
| Apartment Style | Low Rise |
| Price | £1,346,535 |
| Price Per Unit | £192,362 |
| Sale Type | Investment |
| Net Initial Yield | 5.68% |
| No. Units | 7 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 6,128 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1880 |
| Parking Ratio | 2.28/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 5 | £1,228 | - |
| 2+1 | 1 | £1,505 | - |
| Studios | 1 | £1,149 | - |
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PROPERTY TAXES
| Parcel Number | 4203-097-007-00000-000-0045-000-0-2 | Total Assessment | £545,980 |
| Land Assessment | £259,248 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £286,733 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
4203-097-007-00000-000-0045-000-0-2
Land Assessment
£259,248
Improvements Assessment
£286,733
Total Assessment
£545,980
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | Class 411 (Multi Family) |
| Class 411 (Multi Family) |
Contacts
-
Joseph Moleano -
Richard Diller -
Charles Rutenberg Realty, Inc.-Commercial Division
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26 Hamilton Ave
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