Yonkers, NY 10701,91 Ash ST

$1,042,500

$1,150,000

9.3%
Est.Price: ?

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Est. payment /mo

3,484 Sqft Lot


SOLD DATE : 08/01/2024

Key Details

Sold Price $1,042,500

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6279458

Year Built 1909

Annual Tax Amount $12,056

Lot Size 3,484 Sqft

Property Sub-Type Multi Family

Property Description

Property Overview:
Experience the ideal blend of comfort and convenience with this multi-family property located in the heart of Yonkers, NY. This well-maintained building offers a variety of rental options, suitable for diverse tenant needs. With a total of 7 apartments, the property generates a substantial rental income, with an additional opportunity to further increase revenue with a vacant unit.

Current Rental Details:

Apt #1: $975/month
Apt #2: $2,100/month
Apt #3: $2,100/month
Apt #4: Vacant (Opportunity for new rental income)
Apt #5: $930/month
Apt #6: $980/month
Apt #7: $1,150/month
Total Current Rent: $8,235/month (excluding potential income from vacant apartment)
Key Financials (2022):

Insurance: $4,770/year
Taxes (City and County): $12,056/year
City of Yonkers Water: $3,910/year
Con Edison (Heat & Electricity): $9,740/year
Highlights:

Prime location in Yonkers, NY, offering easy access to local amenities.
Diverse rental units catering to a range of tenant preferences.
Well-maintained property with consistent rental income.
Opportunity to optimize revenue with vacant unit.
Reliable investment with stable annual expenses.
Investment Potential:
This property represents a prime investment opportunity in a sought-after area. The current rental income, combined with the potential additional revenue from the vacant unit, makes it an attractive option for investors seeking stable and growing returns.

Location

State NY

County Westchester County

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Parking Features On Street

Utilities Available Trash Collection Public

Building

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Yonkers Early Childhood Academy

Middle Schools Yonkers Middle School

High Schools Yonkers

School District Yonkers

Others

Special Listing Condition None

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Listed by Elite Real Estate Group 1 LLC
Bought with Elite Real Estate Group 1 LLC

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agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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