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310-312 Union Ave
Mount Vernon, NY 10550
PRICE REDUCTION!!!! - 10.11% CAP RATE!!!! · Multifamily Property For Sale · 6 Units

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INVESTMENT HIGHLIGHTS

  • 8.73% CAP RATE!
  • Substantial Upside in Rent Roll

EXECUTIVE SUMMARY

NuRealty Advisors Inc. is proud to present the Exclusive Listing for 310-312 Union Avenue in Mount Vernon. The property is a 6 Unit Multifamily building. Property offers Two 2BRs and Four 4BRs. Gross Income is $179K and NOI is $131K. Property has an 10.11% Cap Rate! A great deal! Principals Only! Contact Team@NuRealtyAdvisors.com or call 914-479-2721.

PROPERTY FACTS

Price Per Unit $301,286 CAD
Sale Type Investment
Cap Rate 10.11%
Gross Rent Multiplier 8.37
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 7,600 SF
Average Occupancy 100%
No. Stories 2
Year Built 1942
Zoning DB-Downtown Business - Downtown Business

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Bay Window
  • Crown Molding
  • Eat-in Kitchen
  • Yard
  • Window Coverings

SITE AMENITIES

  • Vintage Building
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - -
2+1 1 - -
3+1.5 4 - -
  • Listing ID: 35994444

  • Date on Market: 2023-05-11

  • Last Updated:

  • Address: 310-312 Union Ave, Mount Vernon, NY 10550

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