147-149 Meadow Ln - Apartments FOR SALE


New Rochelle, NY 10805- Residence Park
$3,150,000 USD
914-420-3402
147-149 Meadow Ln, New Rochelle, NY for Sale
$3,150,000 USD
Apartments - FOR SALE
1/11
null | 6.82% Cap Rate

147-149 Meadow Ln
New Rochelle, NY 10805
Residence Park


OVERVIEW

FOUR HUGE SUNNY SPACIOUS (4) x (3) BEDROOM (2) BATHROOM UNITS TWO (2) HUGE 1,000 SF STUDIOS. DIRECTLY ACROSS FROM FORMER "COLLEGE OF NEW ROCHELLE" CAMPUS. Home was originally a four unit, with the top two units being three (3) bedroom two (2) bathroom units and the bottom two units being (3) bedroom two (2) bathroom units with approx. 1,000 SF ground-floor basement playrooms which have since been converted to studios. While still currently a Legal 4-Plex Operated as a 6-Plex it is currently undergoing variance approvals for legal conformity. Cash offers only entertained until variance approvals are complete. Once Complete building will be a Legal 6-Plex. REPRESENTED BY CRONIN CAPITAL REAL ESTATE,LLC CALL EDWARD W. CRONIN WITH ANY QUESTIONS *WE SPECIALIZE IN COMMERCIAL LEASING AND INVESTMENT DEAL FLOW!* CALL US TODAY!!! (914) 420-3402

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$315 USD /SF

# OF UNITS

6

PRICE/UNIT

$525,000

CAP RATE

6.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

Multi-Family Commercial

APN/PARCEL ID

1000-000-002-00469-000-0056

ASK ABOUT THIS PROPERTY

Edward CroninCronin Capital Real EstateMore Info
914-420-3402

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Edward CroninCronin Capital Real EstateMore Info
914-420-3402

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