Listed by NuRealty Advisors
$1,800,000
4 Convent Avenue
Details
APN 1800-002-000-02440-000-0037
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,550
Units 8
Cap Rate 8.50%
NOI $152,345
Price per SqFt $156
Class C
Year Built 1920
Buildings 1
Stories 3
Lot Size (SqFt) 2,614
4 Convent Avenue, New York City, NY 10027
Marketing description
4 Convent Avenue is an 8-unit multifamily property offered for sale. Please refer to the full Offering Memorandum for complete investment details.
Investment highlights
- NuRealty Advisors is pleased to present 4 Convent Avenue in Yonkers, NY, offered at $1,800,000. The property features seven residential apartments (one 2-bedroom and six 3-bedrooms) and a storage unit. The property is located in a prime residential area in Yonkers.
- The property is a rent stabilized building offering a higher legal rent roll vs. actual rent roll, allowing a new owner to capture significant rental upside. Actual gross income of $201K is well below the legal rent of $216K; representing nearly $15K of upside
- - Asking Price: $1,800,000 | Current NOI: $152K | Going-In Cap Rate: 8.5%
Listing Contacts
Listed by NuRealty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,345.00
$12,695.42/mo
Valuation Metrics
0
DSCR
8.46%
Cap Rate
8.46%
ROI
Map
Zoning
M ResidentialMulti FamilyMedium Density Apartment Houses
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View all 68 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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