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Investment Highlights
- 20 Residential Units & 13 Parking Spots
- $418 P/SF | 8.0% Cap Rate | $312.5k PPU
- 2023 New Construction | Williamsbridge
- $137,761 Preferential Rent Upside
Executive Summary
The New York Multifamily team is pleased to offer 3573 Laconia Ave, a 20-unit Multifamily Property at Williamsbridge neighborhood for $6,250,000.
Property Facts
| Price | $6,250,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $312,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 8% | Building Size | 16,896 SF |
| Gross Rent Multiplier | 9.7 | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | ||
| Zoning | R5D | ||
| Price | $6,250,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Gross Rent Multiplier | 9.7 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 16,896 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2022 |
| Zoning | R5D |
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Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 04695-0070 | Improvements Assessment | $922,092 |
| Land Assessment | $147,108 | Total Assessment | $1,069,200 |
Property Taxes
Parcel Number
04695-0070
Land Assessment
$147,108
Improvements Assessment
$922,092
Total Assessment
$1,069,200
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3573 Laconia Ave
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