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Larchmont 2412 Boston Post Rd 4 Unit Apartment Building $1,505,311 CAD ($376,328 CAD/Unit) 7.80% Cap Rate Larchmont, NY 10538
Investment Highlights
- High traffic area of Larchmont
- Plenty of street parking
- Over 21,000 Daily Traffic Car Count
- Prime Location
- Highly visible retail location
Executive Summary
Prime Location! Amazing opportunity to buy this mixed use property in the sought after area of Larchmont, NY. The property offers 2 -2 bedroom apartments and 2 commercial spaces. Over 8.5% Cap Pro-forma, The front 2 bedroom apartment has 2 full baths roughly about 1100 Sqft. The Rear Two bedroom apartment has 1 full bath, about 950 Sqft. Fully renovated. Prime Location, High traffic area of Larchmont. Front office is about 825 Sqft Tennant occupied. The back office is about 975 Sqft with about 825 Sqft finished basement which would be delivered vacant.
Property is located on Highly visible retail location over 20k daily traffic car count. Plenty of street parking Call for more info.
Property is located on Highly visible retail location over 20k daily traffic car count. Plenty of street parking Call for more info.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$156,296
|
$34.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$156,296
|
$34.73
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $156,296 |
| Annual Per SF | $34.73 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $156,296 |
| Annual Per SF | $34.73 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,287 CAD | 975 |
| 2+2 | 1 | $3,245 CAD | 1,100 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
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Larchmont | 2412 Boston Post Rd
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