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58 Chestnut St 6 Unit Apartment Building $1,800,000 ($300,000/Unit) 7.33% Cap Rate Yonkers, NY 10701
Executive Summary
**58 CHESTNUT ST, YONKERS, NY 10701** Welcome to an exceptional investment opportunity at 58 Chestnut St in Yonkers, NY. This fully renovated Destabilized 6-unit multifamily building with a garage offers a prime chance for investors. Boasting separate boilers for efficiency and lower operating costs, each unit features modern finishes, ensuring a turnkey, low-maintenance ownership experience. The property has undergone extensive renovations, including updated systems and strong rental appeal, making it an attractive asset. Strategically situated near public transportation, major highways, shopping centers, and dining options, this property presents convenience and high rental potential. With a competitive asking price of $1,800,000 and a solid CAP rate of 7.33%, this is an opportunity not to be missed. Don't wait to seize the potential of 58 Chestnut St - schedule your viewing today!
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.33% | Building Size | 5,084 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | ||
| Zoning | M | ||
| Price | $1,800,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 7.33% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,084 SF |
| No. Stories | 3 |
| Year Built | 1955 |
| Zoning | M |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1800-001-000-00452-000-0001 | Improvements Assessment | $10,200 |
| Land Assessment | $1,800 | Total Assessment | $12,000 |
Property Taxes
Parcel Number
1800-001-000-00452-000-0001
Land Assessment
$1,800
Improvements Assessment
$10,200
Total Assessment
$12,000
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Videos
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Map
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Presented by
Yoso Properties
58 Chestnut St
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