8
See all 8 photos
$2,500,000
Est. payment /mo
2,613 Sqft Lot
Price Dropped by $250K
58 Bruce AVE Yonkers, NY 10705
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UPDATED:
12/16/2024 03:54 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6328259
Originating Board onekey2
Rental Info No
Year Built 1925
Annual Tax Amount $26,237
Lot Size 2,613 Sqft
Acres 0.06
Property 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
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
Location
State NY
County Westchester County
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Schools
School District Yonkers
Others
Special Listing Condition None
Listed by Houlihan Lawrence Inc.
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