SOLD: 46 Unit Multi-Family Buildings For Sale

508, Van Cortlandt Park Avenue, Yonkers, New York, 10705
$5,499,999

Portfolio Units

Title Property Type Price Building Size Lot Size Block / Lot Residential Units Commercial Units

502 Van Cortlandt Park Avenue

Residential 9904 SF 5000 SF 1-42-6.7 12 0

508 Van Cortlandt Park Avenue

Residential 29044 SF 5000 SF 1-42-1.4 35 0

Description

As Exclusive Brokers, ERG Commercial Real Estate is pleased to present Two adjacent Yonkers properties consisting of 46 residential units. Due to the unique layout and apartment sizes, tremendous upside can be recognized by changing square footage to legally achieve 1st time market rents. There are vacant ground floor apartments with duplex capabilities as well as adjacent apartments that can be merged to create value. In the heart of Yonkers, located between Saw Mill River Parkway and Route 9A, the property is a six minute drive to Ludlow Train Station and within walking distance to the main retail corridor of McLean Avenue. This proeprty allows an investor to acquire a strong multi-family property with great upside potential.

Property Documents

Detail

  • Price: $5,499,999
  • Property Status: Sold
  • Address: 502 & 508 Van Cortlandt Park Avenue
  • Zip/Postal Code: 10705
  • Country: United States

PREVIOUS PROPERTY

SOLD: Long Island Multifamily Building For Sale

NEXT PROPERTY

SOLD: Prime Location – Long Island Mixed Use Property For Sale

Individual Listings Disclaimer

All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.