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46 S Bleeker Street

46 S Bleeker Street, Mt. Vernon, NY

Mt Vernon
$1,150,000

Property Highlights

NuRealty Advisors Inc. is proud to present the exclusive listing for 46 S. Bleeker Street, Mt. Vernon, NY 10550.  The property is a masonry construction offering 6 units (Two 1BRs & Four 3BRs). The property is very well maintained with a $132,090 Gross Rent Roll (Actual) and a Net Operating Income (NOI) of $83,039.  This deal translates to a 7.22% Cap Rate (AT ASKING).  If structured with Interest-Only financing, the property will provide a Cash-on-Cash Return of 16.43%.  If structured with Principal & Interest financing, the property will provide a Cash-on-Cash Return of 11.22%.  The deal is a fantastic opportunity to make a great return.  Opportunities do not come around often!!!

Property Features

Asking Price: $1,150,000
Property Address: 46 S Bleeker Street
Description: 6 units
Layout: Two 1BRs and Four 3BRs
Construction Type: Brck
Numbers of Units: 6
Building Size: 6,000
No of Stories: 3
Year Built: 1920 (est)
Lot SF: 3,525

Nurealty Advisors INC

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