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7 Units | 8% Cap Rate | 4BRs | Yonkers 25 Saratoga Ave 7 Unit Apartment Building $1,500,000 ($214,286/Unit) 7.59% Cap Rate Yonkers, NY 10705
Investment Highlights
- 7 Units - 4BRs
- 8% Cap Rate
Executive Summary
NuRealty Advisors is pleased to present 25 Saratoga Avenue in Yonkers, NY, offered at $1,500,000. The property features seven residential apartments (one 2-bedroom and
six 3-bedrooms). The property is located in a prime residential area in Yonkers. Walking distance to the sought after downtown Yonkers corridor.
The property is a rent stabilized building offering a actual gross income of $160K with plenty of upside potential.
- Asking Price: $1,500,000 | Current NOI: $114K | Going-In Cap Rate: 8%
six 3-bedrooms). The property is located in a prime residential area in Yonkers. Walking distance to the sought after downtown Yonkers corridor.
The property is a rent stabilized building offering a actual gross income of $160K with plenty of upside potential.
- Asking Price: $1,500,000 | Current NOI: $114K | Going-In Cap Rate: 8%
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$160,359
|
$21.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,811
|
$0.63
|
| Effective Gross Income |
$155,548
|
$20.41
|
| Taxes |
$17,456
|
$2.29
|
| Operating Expenses |
$24,188
|
$3.17
|
| Total Expenses |
$41,644
|
$5.46
|
| Net Operating Income |
$113,904
|
$14.94
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $160,359 |
| Annual Per SF | $21.04 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,811 |
| Annual Per SF | $0.63 |
| Effective Gross Income | |
|---|---|
| Annual | $155,548 |
| Annual Per SF | $20.41 |
| Taxes | |
|---|---|
| Annual | $17,456 |
| Annual Per SF | $2.29 |
| Operating Expenses | |
|---|---|
| Annual | $24,188 |
| Annual Per SF | $3.17 |
| Total Expenses | |
|---|---|
| Annual | $41,644 |
| Annual Per SF | $5.46 |
| Net Operating Income | |
|---|---|
| Annual | $113,904 |
| Annual Per SF | $14.94 |
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $214,286 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.59% | Building Size | 7,623 SF |
| Gross Rent Multiplier | 9.35 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | ||
| Zoning | A | ||
| Price | $1,500,000 |
| Price Per Unit | $214,286 |
| Sale Type | Investment |
| Cap Rate | 7.59% |
| Gross Rent Multiplier | 9.35 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,623 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Zoning | A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1800-001-000-00122-000-0028 | Total Assessment | $18,700 |
| Land Assessment | $3,400 | Annual Taxes | $17,456 ($2.29/SF) |
| Improvements Assessment | $15,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
1800-001-000-00122-000-0028
Land Assessment
$3,400
Improvements Assessment
$15,300
Total Assessment
$18,700
Annual Taxes
$17,456 ($2.29/SF)
Tax Year
2025
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7 Units | 8% Cap Rate | 4BRs | Yonkers | 25 Saratoga Ave
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