50 Highland Ave - Apartments FOR SALE


New Rochelle, NY 10801- Downtown New Rochelle
$1,950,000 USD
914-714-3777
50 Highland Ave, New Rochelle, NY for Sale
$1,950,000 USD
Apartments - FOR SALE
1/1
null | 4.39% Cap Rate

50 Highland Ave
New Rochelle, NY 10801
Downtown New Rochelle


HIGHLIGHTS

  • Market Rate Rents for all Units
  • Near I-95, 1 Block to Bus Route
  • Excellent On-site Parking

OVERVIEW

Take your investment portfolio to the next level with this prime 5-unit property. This 5-unit multi-family property is the perfect blend of stable rental income, long-term appreciation, and low vacancy risk—a dream for seasoned investors and newcomers alike. Situated in the sought-after neighborhood of Sycamore Park, New Rochelle, it boasts strong rental demand. With easy access to the Hutchinson River Parkway, I-95, local bus lines, and commuter rail, this is a commuter’s dream. This turn-key investment will not last!

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$433 USD /SF

# OF UNITS

5

PRICE/UNIT

$390,000

CAP RATE

4.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

50 Highland Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R3-A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Paul MoulinsKW Commercial Realty GroupMore Info
914-714-3777

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Paul MoulinsKW Commercial Realty GroupMore Info
914-714-3777

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