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Mixed-Use

73 Cornell Avenue

73 Cornell Ave, Yonkers, NY 10705

Listing Price: $5,495,000

Cap Rate
4.29%
Number of Units
16
Occupancy
100.0%
Price/Unit
$343,438
Price/Gross SF
$301.67
Gross SF
18,215

Investment Overview

Marcus & Millichap is pleased to offer on an exclusive basis the property located at 73 Cornell Avenue (northwest corner of McLean and Cornell Avenues) in the Park Hill area of Yonkers, New York. The building is a five-story walkup mixed use building containing 16 residential units, and four stores which have frontage on McLean Avenue, a well-traversed east-west artery of Yonkers. The residential units are a combination of stabilized and Section 8/program tenants.

Investment Highlights

  • Prime location - Northwest Corner of McLean and Cornell Avenues
  • Stable Area - Park Hill Section of Yonkers
  • Good for 1031 buyer

Exclusively Listed By

Financing By

Mixed-Use

73 Cornell Avenue

Listing Price: $5,495,000

Cap Rate
4.29%
Number of Units
16
Occupancy
100.0%
Price/Unit
$343,438
Price/Gross SF
$301.67
Gross SF
18,215

Investment Highlights

  • Prime location - Northwest Corner of McLean and Cornell Avenues
  • Stable Area - Park Hill Section of Yonkers
  • Good for 1031 buyer

Investment Overview

Marcus & Millichap is pleased to offer on an exclusive basis the property located at 73 Cornell Avenue (northwest corner of McLean and Cornell Avenues) in the Park Hill area of Yonkers, New York. The building is a five-story walkup mixed use building containing 16 residential units, and four stores which have frontage on McLean Avenue, a well-traversed east-west artery of Yonkers. The residential units are a combination of stabilized and Section 8/program tenants.

Exclusively Listed By

Financing By

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