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$460,000, 2br, Bakery and Two Apartments Yonkers

Posted: Saturday, March 23, 2013 8:46 AM

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Two Story brick side by side building located in Yonkers South Broadway Business Improvement District zip 10705

- Commercial Store on 1st floor (tenant pays own utilities, RE taxes & water)

- 2 Apartments on 2nd floor both 1 bedroom units (tenants pay own utilities)

- Fully rented - Positive Rent roll , currently at $4700 (1 unit is rented at less than fair market, can be easily re-rented for an additional $300 + month bringing rent roll close to $5000 )

- Gated 2 car parking at rear of building - Finished basement

- Double Thermal pane Windows in Apartments are less than 4 yrs old - Water heater is less than 3 year old

- Rubber roof - 3 yrs - S.F of building approx. 2800

- New cellar door installed 1 year ago

- RE Taxes include star program approx $11,800

- Store tenant pays 22% of taxes and 80% of the water bill ( water bill is est $450 yr)

Comps in the area for similar buildings are over $550k
TO VIEW THIS PROPERTY CONTACT BILL SPIOTTA

718 812-1110

Meyers Enterprise Realty Group Inc.

Bedrooms: 2

• Location: Westchester, Broadway

• Post ID: 36784425 newyork
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