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61-63 Horton Ave 6 Unit Apartment Building $1,250,000 ($208,333/Unit) 7.50% Cap Rate New Rochelle, NY 10801
Investment Highlights
- Great Investment Opportunity in the heart of New Rochelle!
- four of the six tenants on a month-to-month basis, two leases exp Spring of 2026
- High-density, multi-unit income producing building
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 7.50% | Building Size | 5,254 SF |
| Sale Condition | Bulk/Portfolio Sale | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.04 | No. Stories | 3 |
| No. Units | 6 | Year Built/Renovated | 1941/2017 |
| Property Type | Multifamily | Parking Ratio | 1.11/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | residential/investment - Multi-family property featuring two side-by-side duplexes with a total of six 2-bedroom units, a garage, and a parking lot on a 0.17-acre lot. | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 9.04 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,254 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1941/2017 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | residential/investment - Multi-family property featuring two side-by-side duplexes with a total of six 2-bedroom units, a garage, and a parking lot on a 0.17-acre lot. |
Amenities
Site Amenities
- Fenced Lot
- Storage Space
- Bicycle Storage
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1000-000-005-01433-000-0007 | Improvements Assessment | $11,350 (2024) |
| Land Assessment | $3,500 (2024) | Total Assessment | $14,850 (2024) |
Property Taxes
Parcel Number
1000-000-005-01433-000-0007
Land Assessment
$3,500 (2024)
Improvements Assessment
$11,350 (2024)
Total Assessment
$14,850 (2024)
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61-63 Horton Ave
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