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7 Units | 8% Cap Rate | 4BRs | Yonkers 25 Saratoga Ave 7 Unit Apartment Building $2,120,925 CAD ($302,989 CAD/Unit) 7.59% Cap Rate Yonkers, NY 10705
Investment Highlights
- 7 Units - 4BRs
- 8% Cap Rate
Executive Summary
NuRealty Advisors is pleased to present 25 Saratoga Avenue in Yonkers, NY, offered at $1,500,000. The property features seven residential apartments (one 2-bedroom and
six 3-bedrooms). The property is located in a prime residential area in Yonkers. Walking distance to the sought after downtown Yonkers corridor.
The property is a rent stabilized building offering a actual gross income of $160K with plenty of upside potential.
- Asking Price: $1,500,000 | Current NOI: $114K | Going-In Cap Rate: 8%
six 3-bedrooms). The property is located in a prime residential area in Yonkers. Walking distance to the sought after downtown Yonkers corridor.
The property is a rent stabilized building offering a actual gross income of $160K with plenty of upside potential.
- Asking Price: $1,500,000 | Current NOI: $114K | Going-In Cap Rate: 8%
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$226,740
|
$29.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,803
|
$0.89
|
| Effective Gross Income |
$219,937
|
$28.85
|
| Taxes |
$24,682
|
$3.24
|
| Operating Expenses |
$34,201
|
$4.49
|
| Total Expenses |
$58,883
|
$7.72
|
| Net Operating Income |
$161,055
|
$21.13
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $226,740 |
| Annual Per SF | $29.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $6,803 |
| Annual Per SF | $0.89 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $219,937 |
| Annual Per SF | $28.85 |
| Taxes (CAD) | |
|---|---|
| Annual | $24,682 |
| Annual Per SF | $3.24 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $34,201 |
| Annual Per SF | $4.49 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $58,883 |
| Annual Per SF | $7.72 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $161,055 |
| Annual Per SF | $21.13 |
Property Facts
| Price | $2,120,925 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $302,989 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.59% | Building Size | 7,623 SF |
| Gross Rent Multiplier | 9.35 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | ||
| Zoning | A | ||
| Price | $2,120,925 CAD |
| Price Per Unit | $302,989 CAD |
| Sale Type | Investment |
| Cap Rate | 7.59% |
| Gross Rent Multiplier | 9.35 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,623 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Zoning | A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1800-001-000-00122-000-0028 | Total Assessment | $26,441 CAD |
| Land Assessment | $4,807 CAD | Annual Taxes | $24,682 CAD ($3.24 CAD/SF) |
| Improvements Assessment | $21,633 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
1800-001-000-00122-000-0028
Land Assessment
$4,807 CAD
Improvements Assessment
$21,633 CAD
Total Assessment
$26,441 CAD
Annual Taxes
$24,682 CAD ($3.24 CAD/SF)
Tax Year
2025
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7 Units | 8% Cap Rate | 4BRs | Yonkers | 25 Saratoga Ave
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