Yonkers, NY 10705

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$1,900,000
Annual Taxes:$25,916
505 Park Ave, New York, NY 10022
Listing Courtesy of Peterco Properties, Inc.

This is a Legal 10 Family, rent stabilized building.

Description

This is a Legal 10 Family, rent stabilized building. And all documents have been filed each year accordingly. This building features two, 2 bedroom apartments, and eight 3 bedroom apartments and has eleven gas meters and eleven electric meters. With a bus stop at your doorstep, minutes to Metro North train station, shopping centers, major parkways and 28 minutes to Manhattan it all makes this property a commuter's dream! The total yearly income is $188,865 with yearly expenses of $60K makes it an attractive addition to an investor’s portfolio!

Amenities

  • Electricity Connected
  • Natural Gas Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.