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54 Stuyvesant Ave 3 Unit Apartment Building $999,900 ($333,300/Unit) 5.88% Cap Rate Lyndhurst, NJ 07071
INVESTMENT HIGHLIGHTS
- LEGAL Three Family
- Full walk-up attic
- Private Parking Lot
EXECUTIVE SUMMARY
Prime LEGAL 3 family opportunity in Lyndhurst! Ideal for investors or owner-occupants. This property features a one bedroom apartment with Open Floor plan, a spacious two bedroom apartment with basement access, and a three bedroom apartment along with a walk-up attic. Large private parking lot. Garage. Newer sewer line and furnaces. Tenants pay gas/electric. Great commuter location close to the Lyndhurst Train Station, NYC buses, and major highways Close to shopping, restaurants, and more. Square footage approx.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $999,900 | Property Subtype | Apartment |
| Price Per Unit | $333,300 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.88% | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 12.98 | Building Size | 3,255 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1923 |
| Zoning | RC - Legal Three Family | ||
| Price | $999,900 |
| Price Per Unit | $333,300 |
| Sale Type | Investment |
| Cap Rate | 5.88% |
| Gross Rent Multiplier | 12.98 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,255 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | RC - Legal Three Family |
AMENITIES
UNIT AMENITIES
- Attic
- Basement
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,795 | 570 |
| 2+1 | 1 | $2,104 | 1,000 |
| 3+1 | 1 | $2,514 | 1,204 |
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54 Stuyvesant Ave
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