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PRICE REDUCTION!!!! - 7.54% CAP RATE 47 N Bleeker St 7 Unit Apartment Building $1,584,369 CAD ($226,338 CAD/Unit) 7.54% Cap Rate Mount Vernon, NY 10550

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INVESTMENT HIGHLIGHTS

  • Substantial Upside in Rent Roll
  • Well Maintained

EXECUTIVE SUMMARY

NuRealty Advisors Inc. is proud to present the Exclusive Listing for 47 N. Bleeker Street in Mount Vernon. The property is an 7 Unit Multifamily building offering One 1BR, Three 6BRs, One Storage and One Parking spot. Tenants are responsible for Hot Water, Cooking Gas and Electric. The property is well maintained. Gross Income is $158K. NOI is $85,606. PRINCIPALS ONLY. Contact NuRealty at 914-479-2721 or Email Team@NuRealtyAdvisors.com for more information.

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $220,656 $32.79
Other Income - -
Vacancy Loss $6,619 $0.98
Effective Gross Income $214,036 $31.81
Taxes $35,776 $5.32
Operating Expenses $58,761 $8.73
Total Expenses $94,537 $14.05
Net Operating Income $119,499 $17.76

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income (CAD)
Annual $220,656
Annual Per SF $32.79
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $6,619
Annual Per SF $0.98
Effective Gross Income (CAD)
Annual $214,036
Annual Per SF $31.81
Taxes (CAD)
Annual $35,776
Annual Per SF $5.32
Operating Expenses (CAD)
Annual $58,761
Annual Per SF $8.73
Total Expenses (CAD)
Annual $94,537
Annual Per SF $14.05
Net Operating Income (CAD)
Annual $119,499
Annual Per SF $17.76

PROPERTY FACTS

Price $1,584,369 CAD
Price Per Unit $226,338 CAD
Sale Type Investment
Cap Rate 7.54%
Gross Rent Multiplier 8.54
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 6,729 SF
Average Occupancy 100%
No. Stories 3
Year Built 1932

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 7 - -
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-164-068-01070-000-0001
Land Assessment
$2,540 CAD (2024)
Improvements Assessment
$18,766 CAD (2024)
Total Assessment
$21,306 CAD (2024)
Annual Taxes
$35,776 CAD ($5.32 CAD/SF)
Tax Year
2022
  • Listing ID: 28461620

  • Date on Market: 2023-05-11

  • Last Updated:

  • Address: 47 N Bleeker St, Mount Vernon, NY 10550

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