10 Burnside Ave - Apartments FOR SALE


Congers, NY 10920
$1,750,000 USD
646-530-1040
10 Burnside Ave, Congers, NY for Sale
$1,750,000 USD
Apartments - FOR SALE
1/48
null | 6.59% Cap Rate

10 Burnside Ave
Congers, NY 10920


HIGHLIGHTS

  • Each unit has separate utilities water, electric, and gas
  • Each unit has central air and laundry
  • Huge parking lot

OVERVIEW

An investor's dream! This exceptional six-unit multi-family property is situated in the desirable Congers area, nestled within the sought-after Clarkstown School District. The building is updated and meticulously maintained, boasting impressive rental income with separate gas, electric, and water meters for each unit! It includes three 2-bedroom, 1-bathroom apartments and three 1-bedroom, 1-bathroom apartments, all equipped with private washers and dryers, hardwood flooring as seen, most with open-concept kitchens with dishwashers and microwaves, along with central air! Five out of the six units are currently rented. There is a huge parking lot located behind the building, with space for possibly 10+ vehicles. With possible town approval, there’s potential for a subdivision. Located just steps from Congers Lake and mere minutes from Rockland Lake, restaurants, shops, and offering an excellent commuting location!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

6

PRICE/UNIT

$291,667

CAP RATE

6.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R-15 & LS

APN/PARCEL ID

392089-044-015-0003-006-000-0000

ASK ABOUT THIS PROPERTY

Vijith JoseJ Realty GroupMore Info
646-530-1040

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Vijith JoseJ Realty GroupMore Info
646-530-1040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.