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6 Unit building Large apartments Upside 58 Caroline Ave 6 Unit Apartment Building $1,545,830 CAD ($257,638 CAD/Unit) 6.02% Cap Rate Yonkers, NY 10705
Investment Highlights
- Good Size unit 3-4 Bedrooms Use
- Well positioned lots of future potential
- Close to all mass transit, retail, schools , parks etc
Executive Summary
I am pleased to present a 6 unit apartment building located at 58 Caroline Avenue in Yonkers , NY 10705. This is an exceptional multifamily asset with large apartments , low rents 3-4 bedroom apartments offering lots future upside potential . This is a rent stabilized building but has not been filed since 2012 Offering a opportunity for savvy investor , 1 unit will be delivered vacant at closing to get you going on the right foot . Don't miss out, perfect for all cash or 1031.POF NEEDED FOR SHOWINGS. C of O on file for building . Also C of O for partially finished basement .
POF NEEDED FOR SHOWINGS
POF NEEDED FOR SHOWINGS
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$175,958
|
$19.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,278
|
$0.58
|
| Effective Gross Income |
$170,679
|
$18.68
|
| Taxes |
$30,468
|
$3.33
|
| Operating Expenses |
$47,138
|
$5.16
|
| Total Expenses |
$77,606
|
$8.49
|
| Net Operating Income |
$93,073
|
$10.19
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $175,958 |
| Annual Per SF | $19.26 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $5,278 |
| Annual Per SF | $0.58 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $170,679 |
| Annual Per SF | $18.68 |
| Taxes (CAD) | |
|---|---|
| Annual | $30,468 |
| Annual Per SF | $3.33 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $47,138 |
| Annual Per SF | $5.16 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $77,606 |
| Annual Per SF | $8.49 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $93,073 |
| Annual Per SF | $10.19 |
Property Facts
| Price | $1,545,830 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $257,638 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 6.02% | Building Size | 9,138 SF |
| Gross Rent Multiplier | 8.8 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | ||
| Zoning | A | ||
| Price | $1,545,830 CAD |
| Price Per Unit | $257,638 CAD |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| Gross Rent Multiplier | 8.8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 9,138 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1960 |
| Zoning | A |
Amenities
Unit Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1800-001-000-00187-000-0044 | Total Assessment | $25,014 CAD (2025) |
| Land Assessment | $2,951 CAD (2025) | Annual Taxes | $30,468 CAD ($3.33 CAD/SF) |
| Improvements Assessment | $22,063 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1800-001-000-00187-000-0044
Land Assessment
$2,951 CAD (2025)
Improvements Assessment
$22,063 CAD (2025)
Total Assessment
$25,014 CAD (2025)
Annual Taxes
$30,468 CAD ($3.33 CAD/SF)
Tax Year
2026
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BROADWAY REAL ESTATE
6 Unit building Large apartments Upside | 58 Caroline Ave
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