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 Address:||46 S Bleeker Street|
|Layout:||Two 1BRs and Four 3BRs|
|Numbers of Units:||6|
|No of Stories:||3|
|Year Built:||1920 (est)|