34 Clarendon Ave - Apartments FOR SALE


Yonkers, NY 10701- Bryn Mawr
$1,045,000 USD
914-262-2598
34 Clarendon Ave, Yonkers, NY for Sale
$1,045,000 USD
Apartments - FOR SALE
1/1
null | 8% Cap Rate

34 Clarendon Ave
Yonkers, NY 10701
Bryn Mawr


OVERVIEW

Turnkey 6-unit multifamily in North Yonkers with strong cash flow and value-add upside. 34 Clarendon Avenue features one 1-bedroom and five 3-bedroom rent-stabilized apartments with tenant-paid utilities. A newly built 11-space parking lot generates ~$27,000/year, raising the projected cap rate to ~8%. Well-maintained brick building offering stable income, low expenses, and long-term appreciation potential near downtown Yonkers, Saw Mill Parkway, and Metro-North.

FOR SALE DETAILS

PRICE

$1,045,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

6

PRICE/UNIT

$174,167

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Exceptional Yonkers Multifamily Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

M

APN/PARCEL ID

1800-002-000-02355-000-0030

ASK ABOUT THIS PROPERTY

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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