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Investment Highlights

  • Free Market Building
  • Large Units with Tremendous Upside

Executive Summary

NuRealty Advisors Inc. is proud to present the 7 Unit, Free-Market Building available for sale in Yonkers, NY. The property consists of One-2BR and Six-4BRs. The property is located just footsteps away from the Yonkers Metro-North Train and is surrounded by all the new development taking place and the Lion Gates project. The Rent Roll has substantial upside given the Free-Market status. Over $110K of upsided available to unlock for the next investor. Contact Team@NuRealtyAdvisors.com for more information.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $281,223 $29.15
Other Income - -
Vacancy Loss $8,436 $0.87
Effective Gross Income $272,786 $28.27
Taxes $28,211 $2.92
Operating Expenses $53,055 $5.50
Total Expenses $81,266 $8.42
Net Operating Income $191,520 $19.85

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $281,223
Annual Per SF $29.15
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $8,436
Annual Per SF $0.87
Effective Gross Income (CAD)
Annual $272,786
Annual Per SF $28.27
Taxes (CAD)
Annual $28,211
Annual Per SF $2.92
Operating Expenses (CAD)
Annual $53,055
Annual Per SF $5.50
Total Expenses (CAD)
Annual $81,266
Annual Per SF $8.42
Net Operating Income (CAD)
Annual $191,520
Annual Per SF $19.85

Property Facts

Price $2,941,200 CAD
Price Per Unit $420,171 CAD
Sale Type Investment
Cap Rate 6.51%
Gross Rent Multiplier 10
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,648 SF
Average Occupancy 100%
No. Stories 3
Year Built 1980
Zoning A
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1800-002-000-02117-000-0048
Land Assessment
$5,611 CAD
Improvements Assessment
$18,612 CAD
Total Assessment
$24,222 CAD
Annual Taxes
$28,211 CAD ($2.92 CAD/SF)
Tax Year
2025
  • Listing ID: 40481939

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 296 Woodworth Ave, Yonkers, NY 10701

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