Price Reduced 13.49%

$2,500,000

Est. Mortgage $12,806/mo *

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Price History

$2,890,000
9/17/2024

$2,750,000
11/4/2024

$2,500,000
11/22/2024

58 Bruce Avenue, Yonkers, NY, 10705

58 Bruce Avenue, Yonkers, NY, 10705
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1925

Come see this corner lot Mixed-Use investment property in Yonkers with 14 Apartments and 1 Retail Storefront. The (15) Total Units consist of:  8 (2 Bed) 850 sq ft 6 (1 Bed) 550 sq ft 1 (Retail Store on ground level) It's a nice brick building on the outside. Small lobby, 5-story walk-up, no elevator. New 50 Year Roof, New (Gas & Oil) Boiler, (2) New HW Heaters.  Store Rented (Not Renovated) 7 Renovated (4 Rented, 3 Vacant) 2 UnRenovated (1 Rented, 1 Vacant) 5 Under Construction (5 Vacant)  The legally DHCR verified allowable rent for 2024 is $27,888 a month + $12,000 for store = $346,656 year. Separate Utilities (Gas & Electric) for each apartment. The owner pays for heat, hot water, water & waste removal.  Please review the attached P&L. ASKING PRICE = $2,890,000

Status:

Active

Type:

Commercial

Units:

15

Heating:

Natural Gas, Radiant

Cooling:

Wall/Window Unit(s)

Acreage:

0.06

Est. Taxes:

$26,237

Lot Description:

Corner Lot

School District:

Yonkers

Days on Market:

90

Appliances:

Gas Water Heater

MLS #:

H6328259

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Houlihan Lawrence Inc. 914-962-4900