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28 Yonkers Ave 9 Unit Apartment Building $1,695,000 ($188,333/Unit) 7.43% Cap Rate Yonkers, NY 10701
Executive Summary
The Oak & Avery Group is pleased to present the exclusive offering of 28 Yonkers Avenue, a 9-unit
multifamily property in Yonkers, NY.
This asset features eight 2-bedroom apartments and one 3-bedroom unit, all heated by a modern oil boiler installed within the past five years. With a 15% upside potential in legally registered rents and one deregulated unit, this property offers a value-add opportunities.
Strategically located less than two miles from the Yonkers Metro-North Train Station and near the Saw Mill River Parkway, 28 Yonkers Avenue provides convenient access to transportation and amenities.
multifamily property in Yonkers, NY.
This asset features eight 2-bedroom apartments and one 3-bedroom unit, all heated by a modern oil boiler installed within the past five years. With a 15% upside potential in legally registered rents and one deregulated unit, this property offers a value-add opportunities.
Strategically located less than two miles from the Yonkers Metro-North Train Station and near the Saw Mill River Parkway, 28 Yonkers Avenue provides convenient access to transportation and amenities.
Property Facts
| Price | $1,695,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $188,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 7.43% | Building Size | 13,340 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1924 |
| Zoning | B | ||
| Price | $1,695,000 |
| Price Per Unit | $188,333 |
| Sale Type | Investment |
| Cap Rate | 7.43% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 13,340 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1924 |
| Zoning | B |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Freezer
- Vacuum System
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1800-001-000-00472-000-0011 | Improvements Assessment | $21,500 |
| Land Assessment | $2,800 | Total Assessment | $24,300 |
Property Taxes
Parcel Number
1800-001-000-00472-000-0011
Land Assessment
$2,800
Improvements Assessment
$21,500
Total Assessment
$24,300
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28 Yonkers Ave
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