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Investment Highlights

  • Free Market Building
  • Substantial Upside in Income

Executive Summary

NuRealty Advisors Inc. is proud to present the Exclusive Listing for 16 Saratoga Avenue in Yonkers. The property is a Free-Market building offering 3 Units. The Layout is One-2BR and Two-3BR units. Substantial upside available in the rent roll of over $40K. For more information, please email Team@NuRealtyAdvisors.com

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $103,085 $52.54
Other Income - -
Vacancy Loss $3,093 $1.58
Effective Gross Income $99,992 $50.96
Taxes $12,948 $6.60
Operating Expenses $19,187 $9.78
Total Expenses $32,135 $16.38
Net Operating Income $67,857 $34.59

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $103,085
Annual Per SF $52.54
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $3,093
Annual Per SF $1.58
Effective Gross Income (CAD)
Annual $99,992
Annual Per SF $50.96
Taxes (CAD)
Annual $12,948
Annual Per SF $6.60
Operating Expenses (CAD)
Annual $19,187
Annual Per SF $9.78
Total Expenses (CAD)
Annual $32,135
Annual Per SF $16.38
Net Operating Income (CAD)
Annual $67,857
Annual Per SF $34.59

Property Facts

Price $1,277,910 CAD
Price Per Unit $425,970 CAD
Sale Type Investment
Cap Rate 5.30%
Gross Rent Multiplier 12
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 1,962 SF
Average Occupancy 100%
No. Stories 3
Year Built 1925
Zoning A - Multi-Family
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1800-001-000-00121-000-0011
Land Assessment
$2,832 CAD
Improvements Assessment
$8,121 CAD
Total Assessment
$10,954 CAD
Annual Taxes
$12,948 CAD ($6.60 CAD/SF)
Tax Year
2025
  • Listing ID: 40482077

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 16 Saratoga Ave, Yonkers, NY 10705

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