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316 McLean Ave
Yonkers, NY 10705
Multifamily Property For Sale · 3 Units

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INVESTMENT HIGHLIGHTS

  • corner lot
  • rental under the market price
  • garden on both sizes
  • great upside rental property

EXECUTIVE SUMMARY

This is a corner lot with a lot of outdoor space, a three-family house with a garage and driveway, three bedrooms over three with two
bathrooms on each level, dining room, and lots of closet space, large front porch on the first floor.. with backyard and side of the house space..3 minutes away from Saw River Parkway, public transportation across the street bus to subway

PROPERTY FACTS

Price Per Unit $400,000
Sale Type Investment
Cap Rate 6.70%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 2,760 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2010
Parking Ratio 0.36/1,000 SF
Zoning BR - currently residential but can be rezone as commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Ceiling Fans
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Yard
  • Dining Room
  • Garden
  • Mother-in-law Unit
  • Porch

SITE AMENITIES

  • Fenced Lot
  • Wi-Fi

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 2 $4,800 2,500
Studios 1 $1,500 980
  • Listing ID: 28626586

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 316 McLean Ave, Yonkers, NY 10705

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