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14820778

702 Saw Mill River Rd, Yorktown Heights, NY 10598

GW
REB.0790169
Academic Co-Realty Services
Listed by Academic Co-Realty Services
$2,343,000
856 days on market
Updated 39 days ago

Ricciardella Estates

Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 6.00%
NOI $157,200
Year Built 2024
Buildings 1
Stories 2
Acreage 1.000
Zoning CC

Multifamily | 3 Units | $781,000/unit

Marketing description

Academic co-Realty Services is pleased to represent the sale of Ricciardella Estates, at 702 Saw Mill River Road (State Route 118) in Yorktown Heights, New York. Located in southern Yorktown, the property measures just under one acre, with three new townhouses and a 6-bay garage fully leased. The property complements an existing five-unit townhouse complex next door at 714 Saw Mill River Road, currently off-market. The three new units yield a NOI of $157,200. The area provides a tranquil environment in the heart of Westchester County, set across the New Croton Reservoir from the Kitchawan Preserve, and the property abuts the scenic Yorktown Heights Rail Trail. All within five minutes drive of Downtown Yorktown Heights, the IBM Research Center, Mohansic Golf Course, and Locke Ledge Country Club.

Listing Contacts

GW
REB.0790169
Academic Co-Realty Services
Listed by Academic Co-Realty Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$157,200.00
$13,100.00/mo

Valuation Metrics

0
DSCR
6.71%
Cap Rate
6.71%
ROI

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