58 Bruce Avenue, Yonkers, NY 10705

  • $2,500,000
  • $2,750,000
Active
58 Bruce Avenue, Yonkers, NY 10705
  • $2,500,000
  • $2,750,000

Overview

Property ID: H6328259
  • Multi Family, Commercial Sale
  • Property Type
  • 11870
  • Square Feet
  • 1925
  • Year Built

Description

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

Details

Updated on December 16, 2024 at 3:54 pm
  • Property ID: H6328259
  • Price: $2,500,000
  • Property Size: 11870 Square Feet
  • Land Area: 0.06 Acres
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

Features

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Jerry Wang
  • Jerry Wang