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163 Stanley Pl 8 Unit Apartment Building $1,378,980 CAD ($172,373 CAD/Unit) 7% Cap Rate Yonkers, NY 10705

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INVESTMENT HIGHLIGHTS

  • Fully occupied and well-maintained—strong rental income.
  • Convenient to public transportation, shops, and highways.
  • Rare multi-family find—perfect for investors.

EXECUTIVE SUMMARY

This prime investment opportunity features a well-maintained 8-family building, all rent-stabilized, offering stable and consistent rental income. Each of the 8 spacious apartments is a 2-bedroom, 1-bathroom layout, ensuring high demand from tenants seeking comfortable living spaces. Ideally located just steps from the Yonkers waterfront, this property provides convenient access to public transportation, making commuting effortless. Residents can enjoy nearby restaurants, shops, and a vibrant community, adding to the building's appeal. With a high cap rate and low maintenance requirements, this property presents an excellent opportunity for investors looking for a reliable income-generating asset in a rapidly appreciating area.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,378,980 CAD
Price Per Unit $172,373 CAD
Sale Type Investment
Cap Rate 7%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 6,780 SF
No. Stories 3
Year Built 1965
Zoning A - A zoning in Westchester County typically permits low-density residential use, usually single-family homes on larger lots with limited development.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1800-001-000-00183-000-0028
Land Assessment
$3,034 CAD
Improvements Assessment
$19,030 CAD
Total Assessment
$22,064 CAD
  • Listing ID: 34346137

  • Date on Market: 2025-01-02

  • Last Updated:

  • Address: 163 Stanley Pl, Yonkers, NY 10705

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