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16 Saratoga Ave - 3 Units * Free Market * Yonkers NY 3 Unit Apartment Building Offered at $1,231,200 CAD at a 5.30% Cap Rate Yonkers, NY 10705
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 |
$99,317
|
$7,639.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,980
|
$229.19
|
| Effective Gross Income |
$96,337
|
$7,410.56
|
| Taxes |
$12,475
|
$959.60
|
| Operating Expenses |
$18,486
|
$1,421.98
|
| Total Expenses |
$30,961
|
$2,381.58
|
| Net Operating Income |
$65,377
|
$5,028.98
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,317 |
| Annual Per SF | $7,639.75 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,980 |
| Annual Per SF | $229.19 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $96,337 |
| Annual Per SF | $7,410.56 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,475 |
| Annual Per SF | $959.60 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $18,486 |
| Annual Per SF | $1,421.98 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $30,961 |
| Annual Per SF | $2,381.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $65,377 |
| Annual Per SF | $5,028.98 |
Property Facts
| Price | $1,231,200 CAD | Property Type | Multifamily |
| Price Per Unit | $410,400 CAD | Building Size | 13 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.30% | No. Stories | 3 |
| Gross Rent Multiplier | 12 | Year Built | 1925 |
| No. Units | 3 |
| Price | $1,231,200 CAD |
| Price Per Unit | $410,400 CAD |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Gross Rent Multiplier | 12 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 13 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
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Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1800-001-000-00121-000-0011 | Total Assessment | $10,585 CAD |
| Land Assessment | $2,737 CAD | Annual Taxes | $12,475 CAD ($959.60 CAD/SF) |
| Improvements Assessment | $7,848 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
1800-001-000-00121-000-0011
Land Assessment
$2,737 CAD
Improvements Assessment
$7,848 CAD
Total Assessment
$10,585 CAD
Annual Taxes
$12,475 CAD ($959.60 CAD/SF)
Tax Year
2025
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16 Saratoga Ave - 3 Units * Free Market * Yonkers NY
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