31 Units * Free Mkt * 8% Cap * Asm Mtg Multi-Family FOR SALE


Yonkers, NY - Nodine Hill
$5,950,000 USD
914-670-7065
, Yonkers, NY for Sale
$5,950,000 USD
Multi-Family - FOR SALE
1/29
null | 8.16% Cap Rate

31 Units * Free Mkt * 8% Cap * Asm Mtg
Yonkers, NY
Nodine Hill


HIGHLIGHTS

  • 8.2% Cap Rate based on asking
  • Gut Rehab Properties
  • Assumable Mortgage

OVERVIEW

NuRealty Advisors Inc. is proud to present the Exclusive Listing for the Nodine Portfolio in Yonkers, NY. A collection of Five Buildings strategically located on Maple and Garfield Streets. With 31 Units, including 24 Free-Market designated units, this property offers a unique opportunity to secure a high-yield investment. Priced at $5,950,000, the property boasts an impressive 8.2% Capitalization Rate, ensuring a solid return on your investment. The opportunity also offers an added benefit of an Assumable Mortgage with a Fixed Interest Rate of 4.8% until 2019. The Loan Balance of $4,240,000 equates to a favorable 71% Loan-to-Value (LTV) ratio. This professionally managed deal offers a robust return on investment. Contact Team NuRealty at Team@NuRealtyAdvisors.com for more information.

ASK ABOUT THIS PROPERTY

Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

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Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

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