92 Arnold Ave - Apartments FOR SALE


West Babylon, NY 11704
$3,750,000 USD
631-982-2100
92 Arnold Ave, West Babylon, NY for Sale
$3,750,000 USD
Apartments - FOR SALE
1/20
null | 8% Cap Rate

92 Arnold Ave
West Babylon, NY 11704


OVERVIEW

Each unit has gas heat/ central ac , stove , dryer and washing machine. The 2- bed units have 1-1/2 baths , all units have balconies 2x Units: 2 bed @ $3,330 2x 1 bed units @ $2,750 Projected gross rent $14,900 Actual Gross rent $ 11,350 Taxes $18,275 Insurence $6,500 CAM $1600 Projected income $152,325 Actual income $109,725 1 bed sub level @ $2,000 4 storage units @ $800

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

8

PRICE/UNIT

$468,750

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

92 & 86 Arnold Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,371 SF

ZONING

E

APN/PARCEL ID

0100-216-00-04-00-006-000

ASK ABOUT THIS PROPERTY

Richie BuonoIsland Associates Real Estate, Inc.More Info
631-982-2100

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Richie BuonoIsland Associates Real Estate, Inc.More Info
631-982-2100

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