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Free Market Bldg * Rehabbed * Westchester NY 30 Archer Ave 13 Unit Apartment Building $8,340,953 CAD ($641,612 CAD/Unit) 6% Cap Rate Mount Vernon, NY 10550
Investment Highlights
- Free Market Building
- 10 Parking Spaces, 8 Storage Units & Laundry
- Gut Rehabbed
- Walking Distance to Metro North Train
Executive Summary
NuRealty Advisors Inc. is proud to present the exclusive listing for 30 Archer Avenue, Mt. Vernon, NY. This Free-Market, Fully Gut Rehabbed property consists of 13 Apartments, 10 Outdoor Parking spaces, 8 Storage Units and an a Laundry Room. Tenants Pay All Utilities. Current rents offer significant upside potential.
The Unit Mix:
- 1 Studio
- 2 Two Bedrooms
- 7 Three Bedrooms
- 3 Three Bedrooms with 1.5 Baths
This is a rare turnkey asset, walking distance to the Metro North (30 minutes to Grand Central) and is Free Market! No Capital Expenditures required as it is fully rehabbed. Email: Team@NuRealtyAdvisors.com for more information.
The Unit Mix:
- 1 Studio
- 2 Two Bedrooms
- 7 Three Bedrooms
- 3 Three Bedrooms with 1.5 Baths
This is a rare turnkey asset, walking distance to the Metro North (30 minutes to Grand Central) and is Free Market! No Capital Expenditures required as it is fully rehabbed. Email: Team@NuRealtyAdvisors.com for more information.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$631,527
|
$50.57
|
| Other Income |
$56,629
|
$4.53
|
| Vacancy Loss |
$18,946
|
$1.52
|
| Effective Gross Income |
$669,211
|
$53.58
|
| Taxes |
$96,171
|
$7.70
|
| Operating Expenses |
$72,672
|
$5.82
|
| Total Expenses |
$168,843
|
$13.52
|
| Net Operating Income |
$500,368
|
$40.06
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $631,527 |
| Annual Per SF | $50.57 |
| Other Income (CAD) | |
|---|---|
| Annual | $56,629 |
| Annual Per SF | $4.53 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $18,946 |
| Annual Per SF | $1.52 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $669,211 |
| Annual Per SF | $53.58 |
| Taxes (CAD) | |
|---|---|
| Annual | $96,171 |
| Annual Per SF | $7.70 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $72,672 |
| Annual Per SF | $5.82 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $168,843 |
| Annual Per SF | $13.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $500,368 |
| Annual Per SF | $40.06 |
Property Facts
| Price | $8,340,953 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $641,612 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 6% | Building Size | 12,489 SF |
| Gross Rent Multiplier | 13 | Average Occupancy | 100% |
| No. Units | 13 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.8/1,000 SF |
| Zoning | RMF-10 | ||
| Price | $8,340,953 CAD |
| Price Per Unit | $641,612 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 13 |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 12,489 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2024 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | RMF-10 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+2 | 2 | - | - |
| 3+1 | 7 | - | - |
| 3+1.5 | 3 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0800-165-063-01148-000-0002 | Total Assessment | $55,147 CAD |
| Land Assessment | $17,923 CAD | Annual Taxes | $96,171 CAD ($7.70 CAD/SF) |
| Improvements Assessment | $37,224 CAD | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
0800-165-063-01148-000-0002
Land Assessment
$17,923 CAD
Improvements Assessment
$37,224 CAD
Total Assessment
$55,147 CAD
Annual Taxes
$96,171 CAD ($7.70 CAD/SF)
Tax Year
2025 Payable 2025
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Free Market Bldg * Rehabbed * Westchester NY | 30 Archer Ave
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