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118 Oliver Avenue

118 Oliver Avenue, Yonkers, NY 10701

Yonkers
$1,175,000

Property Highlights

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 Features

Asking Price: $1,175,000
Property Address: 118 Oliver Avenue, Yonkers, NY 10701
Description: 7 units
Layout: Four 1BRs and Three 2BRs
Construction Type: Brick
Numbers of Units: 7
Building Size: 3,582
No of Stories: 3
Year Built: 1927
Lot SF: 3,458

Nurealty Advisors INC

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