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31 Units * Free Mkt * 8% Cap * Asm Mtg

5 Residential Properties Offered at £4,732,749 in Yonkers, NY

Investment Highlights

  • 8.2% Cap Rate based on asking
  • Assumable Mortgage
  • Gut Rehab Properties

Executive Summary

NuRealty Advisors Inc. is proud to present the Exclusive Listing for the Nodine Portfolio in Yonkers, NY. A collection of Five Buildings strategically located on Maple and Garfield Streets. With 31 Units, including 24 Free-Market designated units, this property offers a
unique opportunity to secure a high-yield investment. Priced at $5,950,000, the property boasts an impressive 8.2% Capitalization
Rate, ensuring a solid return on your investment.
The opportunity also offers an added benefit of an Assumable Mortgage with a Fixed Interest Rate of 4.8% until 2019. The Loan
Balance of $4,240,000 equates to a favorable 71% Loan-to-Value (LTV) ratio. This professionally managed deal offers a robust return on investment. Contact Team NuRealty at Team@NuRealtyAdvisors.com for more information.

Property Facts

Price £4,732,749
Price / SF £174.77 / SF
Net Initial Yield 8.16%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 27,080 SF
Total Land Area 0.43 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
89 Maple St, Yonkers, NY 10701 Residential 6,812 SF 1908 -
35-37 Garfield St, Yonkers, NY 10701 Residential 6,072 SF 1960 -
27 Garfield St, Yonkers, NY 10701 Residential 6,072 SF 1965 -
91 Maple St, Yonkers, NY 10701 Residential 4,564 SF 1908 -
95 Maple St, Yonkers, NY 10701 Residential 3,560 SF 1901 -
Show More > < Show Less
  • Listing ID: 33304702

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 31 Units * Free Mkt * 8% Cap * Asm Mtg, Yonkers, NY

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