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4 Units * Tenant's Pay All Utilities * Vacant 134 Haven Ave 4 Unit Apartment Building $1,200,000 ($300,000/Unit) 9.30% Cap Rate Mount Vernon, NY 10553
INVESTMENT HIGHLIGHTS
- Tenants Pay All Utilities
- Free-Market
- Property Can be Delivered Vacant
- Fully Renovated in 2021
EXECUTIVE SUMMARY
NuRealty Advisors Inc. is pleased to present the Exclusive Listing for 134 Haven Avenue, Mt. Vernon, NY.
This renovated property features three spacious residential units plus one storage unit, with an ideal unit mix.
Unit Layout:
• (2) Three-Bedroom / One-Bath Apartments
• (1) Three-Bedroom / Two-Bath Apartment
• (1) Cellar Unit
The property also offers a long private driveway with dual indoor garage parking, a rare and valuable amenity in the market.
Property Highlights:
• Full building renovation in Year 2021 (windows, plumbing, roof etc)
• Free-Market Asset
• Property can be delivered Vacant!
• Tenants Pay All Utilities
• Significant Upside in Rent Roll
• Conveniently Located Within Walking Distance to Metro-North Train Station
This is an excellent opportunity for investors seeking a stable, fully occupied asset with upside potential through rent adjustments in a strong commuter-friendly market.
For more information, contact: Team@NuRealtyAdvisors.com
This renovated property features three spacious residential units plus one storage unit, with an ideal unit mix.
Unit Layout:
• (2) Three-Bedroom / One-Bath Apartments
• (1) Three-Bedroom / Two-Bath Apartment
• (1) Cellar Unit
The property also offers a long private driveway with dual indoor garage parking, a rare and valuable amenity in the market.
Property Highlights:
• Full building renovation in Year 2021 (windows, plumbing, roof etc)
• Free-Market Asset
• Property can be delivered Vacant!
• Tenants Pay All Utilities
• Significant Upside in Rent Roll
• Conveniently Located Within Walking Distance to Metro-North Train Station
This is an excellent opportunity for investors seeking a stable, fully occupied asset with upside potential through rent adjustments in a strong commuter-friendly market.
For more information, contact: Team@NuRealtyAdvisors.com
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$146,400
|
$83.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,392
|
$2.50
|
| Effective Gross Income |
$142,008
|
$80.69
|
| Taxes |
$17,735
|
$10.08
|
| Operating Expenses |
$12,649
|
$7.19
|
| Total Expenses |
$30,384
|
$17.26
|
| Net Operating Income |
$111,624
|
$63.42
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $146,400 |
| Annual Per SF | $83.18 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,392 |
| Annual Per SF | $2.50 |
| Effective Gross Income | |
|---|---|
| Annual | $142,008 |
| Annual Per SF | $80.69 |
| Taxes | |
|---|---|
| Annual | $17,735 |
| Annual Per SF | $10.08 |
| Operating Expenses | |
|---|---|
| Annual | $12,649 |
| Annual Per SF | $7.19 |
| Total Expenses | |
|---|---|
| Annual | $30,384 |
| Annual Per SF | $17.26 |
| Net Operating Income | |
|---|---|
| Annual | $111,624 |
| Annual Per SF | $63.42 |
PROPERTY FACTS Under Contract
| Price | $1,200,000 | Property Subtype | Apartment |
| Price Per Unit | $300,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 9.30% | Building Size | 1,760 SF |
| Gross Rent Multiplier | 8.2 | Average Occupancy | 50% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Price | $1,200,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 9.30% |
| Gross Rent Multiplier | 8.2 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.12 AC |
| Building Size | 1,760 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1929 |
AMENITIES
SITE AMENITIES
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
| 3+2 | 1 | - | - |
| 1+1 | 1 | - | - |
Walk Score®
Very Walkable (81)
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4 Units * Tenant's Pay All Utilities * Vacant | 134 Haven Ave
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