58 Bruce Avenue

Yonkers, NY 10705

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

Listing courtesy of Houlihan Lawrence Inc. 9144170388


Based on information submitted to the MLS GRID as of 2024-09-21 01:30 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.