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Multifamily

38 Van Cortlandt Park Ave & 9 Lawrence St

9 Lawrence St, Yonkers, NY 10705

Listing Price: $2,400,000

Cap Rate
5.20%
Number of Units
18
GRM
9.28
Price/Unit
$133,333

Investment Overview

Marcus & Millichap is pleased to present a package of two multifamily buildings located in Yonkers, New York. The sale consists of 38 Van Cortlandt Park Avenue, a seven (7) unit, four story walk up building in Nodine Hill and 9 Lawrence Street, an eleven (11) unit, five story walk up building in Park Hill.

Investment Highlights

  • Package of two multifamily walk-up buildings located in Yonkers
  • Properties consist of 18 residential units and spans a total of 21,810 SF
  • Unit breakdown is comprised of seventeen (17) 3-bedroom apartments and one (1) 2-bedroom apartment
  • Assumable financing offering investors an opportunity to secure below market long term debt

Exclusively Listed By

Financing By

Multifamily

38 Van Cortlandt Park Ave & 9 Lawrence St

Listing Price: $2,400,000

Cap Rate
5.20%
Number of Units
18
GRM
9.28
Price/Unit
$133,333

Investment Highlights

  • Package of two multifamily walk-up buildings located in Yonkers
  • Properties consist of 18 residential units and spans a total of 21,810 SF
  • Unit breakdown is comprised of seventeen (17) 3-bedroom apartments and one (1) 2-bedroom apartment
  • Assumable financing offering investors an opportunity to secure below market long term debt

Investment Overview

Marcus & Millichap is pleased to present a package of two multifamily buildings located in Yonkers, New York. The sale consists of 38 Van Cortlandt Park Avenue, a seven (7) unit, four story walk up building in Nodine Hill and 9 Lawrence Street, an eleven (11) unit, five story walk up building in Park Hill.

Exclusively Listed By

Financing By

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