Investment Opportunity: Prime Mixed-Use Property in Yonkers
Presenting a unique investment opportunity at 4-6 Page Ave, a well-positioned 34-unit mixed-use property in the sought-after Dunwoodie neighborhood of Yonkers, NY. This property offers a strategic blend of residential and commercial spaces, providing strong rental income potential and long-term value growth.
Property Highlights:
34 total units, including 2 commercial storefronts and 32 residential apartments
Commercial units offering additional income streams
Residential units subject to rent stabilization, ensuring stable and predictable cash flow
Brand-new high-efficiency boiler, providing enhanced energy savings and reducing future maintenance costs
Well-maintained building with on-site management and superintendent
Ample parking and convenient building access
Prime Location:
Easily accessible from major highways: Saw Mill River Parkway, Cross County Parkway, Hutchinson River Parkway, Bronx River Parkway, Sprain Brook Parkway, and I-87
Proximity to Cross County Shopping Mall and Empire City Casino, enhancing the area's appeal for both residents and businesses
This property combines stable income from rent-stabilized units with potential for future growth. With a new boiler in place, the building is poised for lower operational costs and enhanced tenant satisfaction. It’s an ideal addition to any investor’s portfolio, offering reliable returns in a high-demand location.
Don't miss this opportunity to capitalize on a solid investment with upside potential at 4-6 Page Ave.