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5 Building Portfolio, Nodine Hill, Yonkers, NY

5 Building Portfolio, Nodine Hill, Yonkers, NY, NY 10701

NY 10701
$6,200,000

Property Highlights

MORTGAGE ASSUMPTION is available with an Interest Rate of 4.81% which is Fixed until Year 2029
• 31 Units (Six 1BRs, One 2BR and Twenty-Four 3BRs)

Two of the Three properties are FREE MARKET
• Net Operating Income of $498K
• CAP Rate of 8.02% at Asking Price of $6.2M
• Gut Renovated Properties!
• Cash-On-Cash Return with Loan Assumption is 12% in Year 1 and is projected to be nearly 21% by Year 10 Substantial Upside in Rent Roll

Contact Team NuRealty for Info

Property Features

Asking Price: $6,200,000
Property Address: Nodine Hill, Yonkers, NY
Layout: Six 1BRs, One 2BR and Twenty-Four 3BRs
Numbers of Units: 31
Year Built: 2029

Nurealty Advisors INC

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