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44 Franklin Ave
New Rochelle, NY 10805
Multifamily Property For Sale
·
17 Units
PROPERTY FACTS
| No. Units | 17 | Building Size | 13,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1914 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.33 AC |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 13,600 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1914 |
| Parking Ratio | 1.32/1,000 SF |
ABOUT 44 FRANKLIN AVE , NEW ROCHELLE, NY 10805
PRINCIPALS ONLY. Prime, fully stabilized investment opportunity located 2 blocks from downtown New Rochelle, City Center, and the new RXR residential tower currently under construction. The property is just 6 blocks from the metro north station providing tenants a 36 min ride to Grand Central or 29 min ride to Penn Station. 18 on site parking spaces. On site super. 9 of the 17 units have been recently renovated, the other can be renovated to add value to the property and increase rents. 10-15 year old boiler, recent roof recoat, hot water heater put in place in 2010. NOT subject to ETPA or rent stabilization. 7 section 8 units. Call or Text Sid Canchester at 224-723-2622 or email at scanchester@hlcommercialgroup.com to set up a tour.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $1,425 | 600 |
| 2+1 | 2 | $1,825 | 800 - 1,000 |
| 3+1 | 3 | $2,138 | 900 - 1,200 |
PROPERTY TAXES
| Parcel Number | 1000-000-001-00204-000-0001 | Improvements Assessment | $32,100 |
| Land Assessment | $15,750 | Total Assessment | $47,850 |
PROPERTY TAXES
