Listed by NuRealty Advisors
$6,050,000
30 Archer Avenue
Details
APN 0800-165-063-01148-000-0002
Property Type Retail
Sub Type Commercial
Square Footage 12,489
Units 13
Cap Rate 6.00%
NOI $362,935
Occupancy 100%
Tenancy Multi
Price per SqFt $484
Class B
Year Built 1950
Year Renovated 2022, 2023
Buildings 1
Stories 3
Acreage 0.360
Zoning RMF-10
Parking Spaces 10 spaces
Parking Per SqFt 0.80
Ownership Fee Simple
Gut Rehabbed | Free-Market | Tenant Pay ALL Utiliites | Parking | Laundry/Storage
Marketing description
NuRealty Advisors Inc. is proud to present the exclusive listing for 30 Archer Avenue, Mount Vernon, NY.
This free-market, fully gut-rehabbed property consists of 13 apartments, 10 outdoor parking spaces, 8 storage units, and on-site laundry. Tenants pay all utilities, and current rents offer significant upside potential. The unit mix includes:
1 Studio
2 Two-Bedroom units
7 Three-Bedroom units
3 Three-Bedroom / 1.5-Bath units
This is a rare turnkey asset with strong fundamentals and clear rent growth opportunities. A must-see investment.
"FREE MARKET AND GUT REHABBED”
Listing Contacts
Listed by NuRealty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$362,935.00
$30,244.58/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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