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6 Units | 7.2% Cap Rate | No DHCR Filing 12 Radford St 6 Unit Apartment Building $1,400,000 ($233,333/Unit) 7.19% Cap Rate Yonkers, NY 10705
Investment Highlights
- 7.2% Cap Rate
- No DHCR Filings
Executive Summary
NuRealty Advisors is pleased to present 12 Radford Street in Yonkers, NY, offered at $1,400,000. The property features six residential apartments (two 3-bedroom and four 4-
bedrooms). The property is located in a prime residential area in Yonkers.
The property is a rent stabilized building but has not been filed since 1997! Offering a rare opportunity for an owner to file a high legal rent roll or remain status quo. There is
substantial upside in income. Actual gross income of $143K is well below the market rent of $218K; representing approximately $75K of upside.
- Asking Price: $1,400,000 | Current NOI: $101K | Going-In Cap Rate: 7.2%
For more information, please email Team@NuRealtyAdvisors.com
bedrooms). The property is located in a prime residential area in Yonkers.
The property is a rent stabilized building but has not been filed since 1997! Offering a rare opportunity for an owner to file a high legal rent roll or remain status quo. There is
substantial upside in income. Actual gross income of $143K is well below the market rent of $218K; representing approximately $75K of upside.
- Asking Price: $1,400,000 | Current NOI: $101K | Going-In Cap Rate: 7.2%
For more information, please email Team@NuRealtyAdvisors.com
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$143,008
|
$20.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,290
|
$0.62
|
| Effective Gross Income |
$138,718
|
$20.16
|
| Taxes |
$19,798
|
$2.88
|
| Operating Expenses |
$18,212
|
$2.65
|
| Total Expenses |
$38,010
|
$5.52
|
| Net Operating Income |
$100,708
|
$14.63
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $143,008 |
| Annual Per SF | $20.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,290 |
| Annual Per SF | $0.62 |
| Effective Gross Income | |
|---|---|
| Annual | $138,718 |
| Annual Per SF | $20.16 |
| Taxes | |
|---|---|
| Annual | $19,798 |
| Annual Per SF | $2.88 |
| Operating Expenses | |
|---|---|
| Annual | $18,212 |
| Annual Per SF | $2.65 |
| Total Expenses | |
|---|---|
| Annual | $38,010 |
| Annual Per SF | $5.52 |
| Net Operating Income | |
|---|---|
| Annual | $100,708 |
| Annual Per SF | $14.63 |
Property Facts
| Price | $1,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $233,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.19% | Building Size | 6,882 SF |
| Gross Rent Multiplier | 9.7 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | ||
| Zoning | A | ||
| Price | $1,400,000 |
| Price Per Unit | $233,333 |
| Sale Type | Investment |
| Cap Rate | 7.19% |
| Gross Rent Multiplier | 9.7 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,882 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1967 |
| Zoning | A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1800-001-000-00114-000-0001-2 | Total Assessment | $19,900 |
| Land Assessment | $3,600 | Annual Taxes | $19,798 ($2.88/SF) |
| Improvements Assessment | $16,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
1800-001-000-00114-000-0001-2
Land Assessment
$3,600
Improvements Assessment
$16,300
Total Assessment
$19,900
Annual Taxes
$19,798 ($2.88/SF)
Tax Year
2025
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6 Units | 7.2% Cap Rate | No DHCR Filing | 12 Radford St
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