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92 Elliott Ave 4 Unit Apartment Building $2,051,519 CAD ($512,880 CAD/Unit) Yonkers, NY 10705
Investment Highlights
- Turnkey 4-family investment opportunity
- Separately Metered Utilities - Each unit pays for own electric & gas (cooking); Owner provides water and hot water
- Two units Vacant. Two Units w/ Lease ending 2026. Contact L/A to Discuss Current Occupancy/Rents, Projected Rents, GOI, NOI, and Projected 8% Cap Rate
- Strong Income Potentail with Immediate Upside - Projected strong rental income once fully leased at market
- Convenient location close to schools, parks, shops, public transportation, and NYC
Executive Summary
Fully remodeled legal Four-Family property offering strong income potential and immediate upside. Priced to sell, this is an excellent opportunity for both investors and owner-occupants. Ideal for an investor seeking a strong addition to their portfolio / first investment property, Or a buyer looking to live in one unit while renting the other three. The building has been extensively updated providing modernized units and low-maintenance ownership. Each unit is separately metered for gas and electric, with tenants responsible for their own utilities while the landlord pays for water. Two units will be delivered vacant, offering the ability to immediately occupy or rent at current market rates, while the remaining two units are currently rented below market, create meaningful upside potential for increased income. With low property taxes and a convenient location near shops, schools, major parkways, public transportation, and easy access to NYC, this property presents a compelling opportunity for immediate cash flow and long-term investment potential. A remodeled, income-producing property ready for its next owner.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,051,519 CAD | Building Class | C |
| Price Per Unit | $512,880 CAD | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,550 SF |
| No. Units | 4 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1908 |
| Apartment Style | Low-Rise | ||
| Zoning | M - Apts Med Density | ||
| Price | $2,051,519 CAD |
| Price Per Unit | $512,880 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,550 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1908 |
| Zoning | M - Apts Med Density |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | - | - |
| 3+1 | 1 | - | - |
| 4+1 | 2 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1800-001-000-00160-000-0027 | Total Assessment | $15,618 CAD (2025) |
| Land Assessment | $2,466 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $13,152 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1800-001-000-00160-000-0027
Land Assessment
$2,466 CAD (2025)
Improvements Assessment
$13,152 CAD (2025)
Total Assessment
$15,618 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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