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1-4 Park Ln
Mount Vernon, NY 10552
Park Lane · Multifamily Property For Sale · 10 Units

EXECUTIVE SUMMARY

Do you dream of owning rental apts, but are afraid of all the work required by a landlord? This is your chance! Ten Sponsor COOP apts! You collect the rent & just pay maint! You continue renting the apts, or sell, 1 by 1 & no board approval is required! 7 apts are FREE MARKET. The apt mix is 2 one beds, 2 two beds, 6 two beds, 2 baths. Some of the larger apts have FDR and Sunrooms! 9 apts. have working FPLs. Total shares in coop being sold 5,873. Ask price is $255 per share. Last 6 sales, avg selling Share Price was $404. Besides all the selling upside, you clear $70,000 per year profit! Don’t miss this special deal! Historic, 5 acre complex, that is pet friendly and close to transportation. Renting is never an issue, especially with NO COOP Board approval needed! You wont find any other care free investments like this, call today!

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 4.83 AC
Building Size 13,000 SF
Average Occupancy 100%
No. Stories 6
Year Built 1928
APN / Parcel ID
0800-165-048-02100-000-0001
  • 0800-165-048-02100-000-0002
  • 0800-165-048-02100-000-0003
  • 0800-165-048-02100-000-0007
Zoning COOP

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Walking/Biking Trails
  • Elevator
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - -
  • Listing ID: 22273654

  • Date on Market: 2/18/2021

  • Last Updated:

  • Address: 1-4 Park Ln, Mount Vernon, NY 10552

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