256-258 Woodworth Ave - Apartments FOR SALE


Yonkers, NY 10701- Getty Square
$4,500,000 USD
516-424-1404
256-258 Woodworth Ave, Yonkers, NY for Sale
$4,500,000 USD
Apartments - FOR SALE
1/26
null | 7.33% Cap Rate

256-258 Woodworth Ave
Yonkers, NY 10701
Getty Square


HIGHLIGHTS

  • Mint Condition 18 Unit Apartment Building
  • 100% Occupied - Strong Rent Demand
  • Prime Downtown Yonkers
  • 5 minutes to Metro North Station
  • Strong Rent Roll
  • Near Hudson River Waterfront Corridor

OVERVIEW

Incredible investment opportunity featuring two attached income-producing apartment buildings sold together as one package: 256 & 258 Woodworth Ave. This 18-unit portfolio delivers a strong ROI with fully occupied units. Bonus Opportunity: 258 Woodworth Ave includes nearly 4,000 Sq Ft (parking for 10 vehicles) offering future development potential with proper approvals or opportunity to increase revenue by leasing out parking spaces. Outstanding transit-oriented location just minutes to the Ludlow Metro-North station, Hudson River waterfront, and local amenities. Capitalize on Yonkers' waterfront expansion and continuous corridor growth. Prime 1031 Opportunity. Updated Units. Minimal Landlord maintenance. Property is surrounded by Luxury New Developments, increasing rent rolls, rent demand, and property values. Please do not disturb the tenants.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

18

PRICE/UNIT

$250,000

CAP RATE

7.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

A

APN/PARCEL ID

1800-002-000-02116-000-0019,1800-002-000-02116-000-0020

ASK ABOUT THIS PROPERTY

Nathan KamaraKW Greater NassauMore Info
516-424-1404

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Nathan KamaraKW Greater NassauMore Info
516-424-1404

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