260 Mott Ave - Apartments FOR SALE


Lawrence, NY 11559
$1,850,000 USD
516-558-0192
260 Mott Ave, Lawrence, NY for Sale
$1,850,000 USD
Apartments - FOR SALE
1/3
null | 3.68% Cap Rate

260 Mott Ave
Lawrence, NY 11559


HIGHLIGHTS

  • Potential to build 2 more units on the property.

OVERVIEW

Tenants are paying way under market rents. Upside potential is tremendous. Rent roll should be $10,000-$11,000 per month. Buildable lot in front of property .

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$561 USD /SF

# OF UNITS

4

PRICE/UNIT

$462,500

CAP RATE

3.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

260 Mott Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,001 SF

ZONING

280

APN/PARCEL ID

2089-40-034-00-0072-0

ASK ABOUT THIS PROPERTY

Lenny BobrowRealty Connect USAMore Info
516-558-0192

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Lenny BobrowRealty Connect USAMore Info
516-558-0192

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.