See all 8 photos
$2,750,000
Est. payment /mo
Price Dropped by $140K
58 Bruce AVE Yonkers, NY 10705
UPDATED:
11/04/2024 08:23 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6328259
Originating Board onekey
Rental Info No
Year Built 1925
Annual Tax Amount $26,237
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
Location
State NY
County Westchester
Zoning A
Interior
Heating Natural Gas, Hot Water
Cooling Window Unit(s)
Fireplace No
Building
Sewer Public Sewer
Water Public
Schools
School District Yonkers
Others
Special Listing Condition None
Listed by Houlihan Lawrence Inc. • 914-962-4900