19 Lawrence St
Yonkers, NY 10705
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Large floor plans, would deliver with 4 vacant units
- Close to the Ludlow Train Station, Saw Mill River Parkway & I-87
- Individual gas boilers, tenant paid heat & electric
- Qualified For Substantial Rehab / Rent Destabilization - Pending application for free market units
Property Facts
| No. Units | 11 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 16,930 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1967/2017 |
| Building Class | C | Parking Ratio | 0.11/1,000 SF |
| Zoning | A | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 16,930 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1967/2017 |
| Parking Ratio | 0.11/1,000 SF |
| Zoning | A |
About 19 LAWRENCE ST , YONKERS, NY 10705
The Oak & Avery Group is pleased to present the sale of 19 Lawrence Street, located in the Park Hill section of Yonkers. The property is in proximity to the Ludlow Train Station, Saw Mill River Parkway, and Van Cortlandt Park. The building is comprised of One (1) Two-Bedroom apartment and Ten (10) Three-Bedroom apartments. All units have very large layouts (~1,200 SF) and are not railroad style. The property will be delivered with 4, possibly 5 vacancies all of which are move-in ready. All of the exiting tenants are on Section 8 vouchers except for one, and all are on 1 year leases. The entire building was vacated in 2017; immediately after, the owner infused over $300,000 worth of capital improvements (including kitchens, baseboards, rear porches, windows and entrance door) into the building which has qualified it for a substantial rehab/rent destabilization. The application has been submitted and is currently pending.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
Property Taxes
| Parcel Number | 1800-001-000-00122-000-0037 | Improvements Assessment | $12,720 |
| Land Assessment | $4,000 | Total Assessment | $16,720 |
Property Taxes
