Come see this corner lot Mixed-Use investment property in Yonkers with 14 Apartments and 1 Retail Storefront.

The (15) Total Units consist of:

8 (2 Bed) 850 sq ft

6 (1 Bed) 550 sq ft

1 (Retail Store on ground level)

It's a nice brick building on the outside. Small lobby, 5-story walk-up, no elevator. New 50 Year Roof, New (Gas & Oil) Boiler, (2) New HW Heaters.

Store Rented (Not Renovated)

7 Renovated (4 Rented, 3 Vacant)

2 UnRenovated (1 Rented, 1 Vacant)

5 Under Construction (5 Vacant)

The legally DHCR verified allowable rent for 2024 is $27,888 a month + $12,000 for store = $346,656 year.

Separate Utilities (Gas & Electric) for each apartment.

The owner pays for heat, hot water, water & waste removal.

Please review the attached P&L.

ASKING PRICE = $2,890,000