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78 Oak Street, Yonkers
Brick semi attached 9 family building. Eight 3 bedrooms, one 1 bedroom. 5 of the 3 bedrooms and the 1 bedroom were gut renovated with granite kitchens. New gas high efficiency boiler. New gut renovated hallway with metal steps. Three of the renovated 3 bedrooms are not railroad style, the three non renovated 3 bedrooms are railroad style, two of the renovated 3 bedrooms are semi railroad style. Apt 7 needs a renovation. There are 7 vacant apt's. Sold "AS IS" seller will make NO repairs or correct any of the minor violations. Much upside with this building. Seller only entertaining cash or hard money can offers. Projected rents for the 6 vacant 3 bedrooms $2000, the vacant 1 bedroom $1450, the actual rents for the 2 occupied 3 bedrooms which do not have leases are $1100 (section 8) and $1300. $15850 a month $190200 a years. Expenses taxes $20000, ins $4800, water $4000, gas heat $10000, maintenance $5000. Total expenses $43800 net $146400 a year a 9 CAP. DHCR's have not ben file in over 5 years.
- MLS® #5052248
- Square Footage11,058
- Year Built1912
- TypeMulti-Family 5+
- ParkingStreet Parking
- Lot DescriptionCorner Lot
- ConstructionBrick, Frame
- Listing OfficeCharles Rutenberg Realty, Inc.
- Address78 Oak Street
- Zip Code10701
- HeatingHot Water
The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Monroe Realty Center. Inc are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Listing information last updated on September 21st, 2019 at 7:28am EDT.