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58 Bruce Avenue Yonkers, NY 10705
$2,890,000 $2,750,000
  • Commercial
  • PRICE REDUCED
  • Year Built 1925
  • Mixed Use
  • ML# H6328259

Property Details

Overview

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

Key Facts

  • Taxes: $26,237
  • Sale or Rent: Sale
  • School District: Yonkers
  • Zoning: A

Interior & Utilities

  • Heat: Natural Gas, Hot Water
  • A/C: Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $26,237
Listing Information provided courtesy of Houlihan Lawrence Inc.  914-962-4900
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