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310-312 Union Ave
Mount Vernon, NY 10550
PRICE REDUCTION!!!! - 10.11% CAP RATE!!!! · Multifamily Property For Sale
·
6 Units
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!
Property Facts
| Price Per Unit | $294,485 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 10.11% | Lot Size | 0.12 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 7,600 SF |
| Gross Rent Multiplier | 8.37 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1942 |
| Property Subtype | Apartment | ||
| Zoning | DB-Downtown Business - Downtown Business | ||
| Price Per Unit | $294,485 CAD |
| Sale Type | Investment |
| Cap Rate | 10.11% |
| Sale Condition | Bulk/Portfolio Sale |
| 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 | - | - |
Property Taxes
| Parcel Number | 0800-169-023-03127-000-0002 | Improvements Assessment | $15,320 CAD |
| Land Assessment | $3,411 CAD | Total Assessment | $18,731 CAD |
Property Taxes
Parcel Number
0800-169-023-03127-000-0002
Land Assessment
$3,411 CAD
Improvements Assessment
$15,320 CAD
Total Assessment
$18,731 CAD
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