20 Bonnefoy Place, New Rochelle, NY 10805

sale $1,500,000 | Multi-Family

Listed By CENTURY 21 Marciano

7 unit brick building in close proximity to blossoming downtown New Rochelle and the Metro North Railroad. This building offer two- 2 bedroom/1 bath apartments and five- 3 bedroom/1 bath units. Long term tenants in all but two units. This building is rent stabilized. It has a natural gas furnace heating the entire building. It also has access to the rear yard perfect for garbage storage. The current rent roll is 171k and expenses are approximately 60k, leaving the investor with a $111k NOI and a 7.4% CAP rate. There is excellent upside potential as it is located in the Downtown Overlay zone which could be a piece of a future high-rise development. Call us today, this will not last! Agent Only Remarks

Property Features

Age: Over 50 Years Old
Appliances: Range / Oven
Appliances: Refrigerator
Average Floor Size: 1890
Building Area: 6500.00 SF
Cross Docks: N
Expenses: 60169.00
Exterior: Storm window
Exterior Description: Brick
Fencing: Fenced Yard
Flooring: Hardwood
Flooring: Mixed
For Auction: N
Full Bathrooms: 7
General: Security System
General: Smoke Detector
Gross Income: 171631.00
Heating - Fuel Type: Gas
Level Number: 4
Lot Description: Level
Lot Size Desc: Under 1/2 Acre
Lot Size In Text: 0.1129 Acres
MLSID: 6228606
Net Operating Income: 111462.00
Price Upon Request: N
Property Use: Rental or Investment
Roof: Rubber
Sewer: Public
Style: Multi-Family (5-20 Units)
Sublease: N
Tax Year: 2023
Taxes: $33109.00
Total Units: 7
Water: Municipal Water
Year Built: 1930

20 Bonnefoy Place, New Rochelle, NY 10805

Property Features

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