NuRealty Advisors is pleased to present 4 Convent Avenue
in Yonkers, NY, offered at $1,800,000. The property
features seven residential apartments (one 2-bedroom and
six 3-bedrooms) and a storage unit. The property is located
in a prime residential area in Yonkers.
• The property is a rent stabilized building offering a higher
legal rent roll vs. actual rent roll, allowing a new owner to
capture significant rental upside. Actual gross income of
$201K is well below the legal rent of $216K; representing
nearly $15K of upside.
•- Asking Price: $1,800,000 | Current NOI: $152K | Going-In
Cap Rate: 8.5%
For more information, please email
Team@NuRealtyAdvisors.com