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34322747
34322768

79 Yaun Ave, Liberty, NY 12754 For Sale

JP
NY NY 10351219755
Spring St Group LLC
Listed by Spring St Group LLC
$4,500,000
10 days on market
Updated 5 days ago

79 Yaun Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Units 36
Cap Rate 8.03%
NOI $361,427
Occupancy 100%
Tenancy Multi
Pro-Forma NOI $418,664
Buildings 6
Acreage 1.620

79 Yaun Ave, Liberty, NY 12754

Marketing description

79 Yaun Avenue presents the opportunity to acquire a fully occupied 36-unit multifamily community located in Liberty, New York. The property consists of six residential buildings situated on approximately 1.62 acres and benefits from a long history of ownership investment, operational stability, and strong tenant demand.

The asset has undergone substantial capital improvements over the past several years, including roof replacements, parking lot improvements, security enhancements, exterior lighting upgrades, apartment renovations, and numerous mechanical system updates. Ownership has systematically improved units as needed, resulting in a well-maintained apartment community with limited deferred maintenance requirements.

The property generates approximately $361,427 in current annual net operating income and offers investors a clearly demonstrated path toward approximately $418,664 in annual net operating income through continued rent optimization. Unlike many value-add opportunities, the pro forma assumptions are supported by rents already being achieved within comparable renovated units at the property.

79 Yaun Avenue offers investors a rare combination of strong in-place cash flow, recent capital improvements, favorable utility structure, and measurable upside potential.

Investment highlights

  • Fully occupied 36-unit multifamily community located in Liberty, New York
  • Six residential buildings situated on approximately 1.62 acres
  • Long history of ownership investment, operational stability, and strong tenant demand
  • Substantial capital improvements including roof replacements, parking lot improvements, security enhancements, exterior lighting upgrades, apartment renovations, and numerous mechanical system updates
  • Well-maintained apartment community with limited deferred maintenance requirements
  • Generates approximately $361,427 in current annual net operating income
  • Pro forma NOI of approximately $418,664 in annual net operating income through continued rent optimization
  • Pro forma assumptions supported by rents already being achieved within comparable renovated units at the property
  • Strong in-place cash flow, recent capital improvements, favorable utility structure, and measurable upside potential

Listing Contacts

JP
NY NY 10351219755
Spring St Group LLC
Listed by Spring St Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$361,427.00
$30,118.92/mo

Valuation Metrics

0
DSCR
8.03%
Cap Rate
8.03%
ROI

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Additional Information

Name
Joseph Polatseck
License
NY 10351219755
Brokerage
Jospeh Polatseck
Brokerage Phone
6465262751
Title
Real estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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