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19 E 4th St
Mount Vernon, NY 10550
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 12,785 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1913 |
| Building Class | C | Parking Ratio | 0.31/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | C-1 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 12,785 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1913 |
| Parking Ratio | 0.31/1,000 SF |
| Zoning | C-1 |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Heating
- Security System
- Tile Floors
- Double Vanities
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Basement
- Breakfast Nook
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Handrails
- Intercom
- Linen Closet
- Loft Layout
- Mud Room
- Pantry
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Security System
- Recycling
- Renters Insurance Program
- Smoke Free
- Storage Space
- Online Services
- Public Transportation
ABOUT 19 E 4TH ST , MOUNT VERNON, NY 10550
Northeast Private Client Group is pleased to present 19 East 4th St, located in Mount Vernon, NY. 19 East 4th St is an 8-unit apartment building in Mount Vernon, NY. There are four (4) offstreet parking spaces that are rented monthly for $50/month and coin operated laundry that produces additional income. The building has undergone significant capital expenditures and a repositioning by the current owners. Three (3) of the units have been gut renovated. The heating source has been converted from oil to natural gas to significantly reduce the building’s heating expense, a new security system has been installed, and the necessary roof and common area repairs have been made. Currently the building has a max legal rent of $2,200 per month throughout the building which will be increased to $2,250. With an average rent of only $1783 and a high rent of $2200, there is an opportunity for the next owner to significantly increase the NOI with minimal cap ex exposure moving forward.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 8 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 0800-169-023-03114-000-0022 | Improvements Assessment | $18,600 |
| Land Assessment | $5,400 | Total Assessment | $24,000 |
PROPERTY TAXES
