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69 Van Cortlandt Pk Ave
Yonkers, NY 10701
7 Units | 7.2% Cap Rate | Upside | Yonkers · Multifamily Property For Sale
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7 Units


Investment Highlights
- Upside in Income
- Next to School
Executive Summary
NuRealty Advisors is pleased to present 67 Van Cortlandt Avenue in Yonkers, NY, offered at $1,800,000. The property features seven residential apartments (all 2-bedrooms). The property is located in a prime residential area in Yonkers. Walking distance to the sought after downtown Yonkers corridor.
• The property is a rent stabilized building offering upside when comparing the legal registered annual income of $199K to actual income of $183K, leaving $16K for a new
owner to capture.
• Asking Price: $1,800,000 | Current NOI: $130K | Going-In Cap Rate: 7.2%
For more information, please email Team@NuRealtyAdvisors.com
• The property is a rent stabilized building offering upside when comparing the legal registered annual income of $199K to actual income of $183K, leaving $16K for a new
owner to capture.
• Asking Price: $1,800,000 | Current NOI: $130K | Going-In Cap Rate: 7.2%
For more information, please email Team@NuRealtyAdvisors.com
Property Facts
| Price Per Unit | $257,143 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.24% | Lot Size | 0.08 AC |
| Gross Rent Multiplier | 9.8 | Building Size | 6,696 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | ||
| Zoning | M - Multi-Family | ||
| Price Per Unit | $257,143 |
| Sale Type | Investment |
| Cap Rate | 7.24% |
| Gross Rent Multiplier | 9.8 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,696 SF |
| No. Stories | 3 |
| Year Built | 1959 |
| Zoning | M - Multi-Family |
Amenities
Unit Amenities
- Sunroom
- Views
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
Property Taxes
| Parcel Number | 1800-001-000-00459-000-0012 | Improvements Assessment | $19,700 |
| Land Assessment | $1,300 | Total Assessment | $21,000 |
Property Taxes
Parcel Number
1800-001-000-00459-000-0012
Land Assessment
$1,300
Improvements Assessment
$19,700
Total Assessment
$21,000
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