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Orchard Portfolio, Yonkers NY

Orchard Portfolio, Yonkers NY, Yonkers, NY 10703

Yonkers
$7,000,000

Property Highlights

NuRealty Advisors Inc. is proud to present the Exclusive Portfolio Listing for 12 Orchard Place (Eight 3BRs & Free Market), 20 Orchard Place (Eight 3BRs & Free Market), 28 Orchard Place (Ten 3BRs) and 138 Orchard Street (Nine 2BRs & One 1BR) all in Yonkers, NY 10701.  The properties are a 36 Unit multifamily deal consisting of One 1BR, Nine 2BRs and Twenty Six 3BRs. The properties are masonry construction and a walk-up. The properties are professionally managed by a third party management company and located within a mile from the sought-out Yonkers Downtown Development.   The Return on Investment (ROI) are excellent.  At the asking price of $7M, using a 20% Equity Down Payment, and financing the transaction with an Interest Only option in Year 1, the properties will offer returns as follows: 19.22% Cash-on-Cash and 6.84% Cap Rate.

Property Features

Asking Price: $7,000,000
Property Address: 12, 20, & 28 Orchard Pl. & 138 Orchard St.
Description: Four Multifamily Buildings in Yonkers, NY
Layout: One 1BR, Nine 2BRs, Twenty-Six 3BRs
Construction Type: Masonry
Numbers of Units: 36
Building Size: 42,315 SF
No of Stories: 4
Year Built: 1900-1925
Lot SF: 10,700 SF

Nurealty Advisors INC

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