NuRealty Advisors Inc. is proud to present the exclusive listing for 118 Oliver Avenue, Yonkers, NY 10701. The property is a masonry construction offering 7 units (Five 1BRs & Two 2BRs). The property is very well maintained with a $121,808 Gross Rent Roll (Actual) and a Net Operating Income (NOI) of $77,368. This deal translates to a 6.58% Cap Rate (AT ASKING). If structured with Interest-Only financing, the property will provide a Cash-on-Cash Return of 13.89%. If structured with Principal & Interest financing, the property will provide a Cash-on-Cash Return of 8.67%. The deal is a fantastic opportunity to make a great return in this thriving Yonkers Market.
|Property Address:||118 Oliver Avenue, Yonkers, NY 10701|
|Layout:||Four 1BRs and Three 2BRs|
|Numbers of Units:||7|
|No of Stories:||3|