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 Address:||12, 20, & 28 Orchard Pl. & 138 Orchard St.|
|Description:||Four Multifamily Buildings in Yonkers, NY|
|Layout:||One 1BR, Nine 2BRs, Twenty-Six 3BRs|
|Numbers of Units:||36|
|Building Size:||42,315 SF|
|No of Stories:||4|
|Lot SF:||10,700 SF|