Log In/Sign Up
Your email has been sent.
4 Convent Ave 7 Unit Apartment Building Offered For Sale Yonkers, NY 10703
Investment Highlights
- 7 Units plus Storage Unit
- Upside in Income
- 8.5% Cap Rate
Executive Summary
NuRealty Advisors is pleased to present 4 Convent Avenue in Yonkers, NY, offered at $1,800,000. The property features seven residential apartments (one 2-bedroom and
six 3-bedrooms) and a storage unit. The property is located in a prime residential area in Yonkers.
The property is a rent stabilized building offering a higher legal rent roll vs. actual rent roll, allowing a new owner to capture significant rental upside. Actual gross income of $201K is well below the legal rent of $216K; representing nearly $15K of upside.
- Asking Price: $1,800,000 | Current NOI: $152K | Going-In Cap Rate: 8.5%
For more information, please email Team@NuRealtyAdvisors.com
six 3-bedrooms) and a storage unit. The property is located in a prime residential area in Yonkers.
The property is a rent stabilized building offering a higher legal rent roll vs. actual rent roll, allowing a new owner to capture significant rental upside. Actual gross income of $201K is well below the legal rent of $216K; representing nearly $15K of upside.
- Asking Price: $1,800,000 | Current NOI: $152K | Going-In Cap Rate: 8.5%
For more information, please email Team@NuRealtyAdvisors.com
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$284,624
|
$24.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,539
|
$0.74
|
| Effective Gross Income |
$276,085
|
$23.90
|
| Taxes |
$21,994
|
$1.90
|
| Operating Expenses |
$38,683
|
$3.35
|
| Total Expenses |
$60,677
|
$5.25
|
| Net Operating Income |
$215,408
|
$18.65
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $284,624 |
| Annual Per SF | $24.64 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,539 |
| Annual Per SF | $0.74 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $276,085 |
| Annual Per SF | $23.90 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,994 |
| Annual Per SF | $1.90 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $38,683 |
| Annual Per SF | $3.35 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $60,677 |
| Annual Per SF | $5.25 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $215,408 |
| Annual Per SF | $18.65 |
Property Facts
| Sale Type | Investment | Building Size | 11,550 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| Building Size | 11,550 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
1 of 56
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
4 Convent Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.