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SOLD: 46 Unit Multi-Family Buildings For Sale

SOLD: 46 Unit Multi-Family Buildings For Sale

SOLD: 46 Unit Multi-Family Buildings For Sale
Price
5499999
Address
502 & 508 Van Cortlandt Park Avenue
Map Address
508, Van Cortlandt Park Avenue, Yonkers, New York, 10705
Zip/Postal Code
10705
Country
US
Status
Sold
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.