251-253 S 5th Avenue, Mt. Vernon, NY 10550

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$1,100,000 List Price
Off Market
 
Listing ID 10575611
Property Type Multi-Unit (5+)
County Westchester
Township Mt. Vernon
Neighborhood South Side
Total Tax $20,143
FEMA Flood Map fema.gov/portal
   
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Mt. Vernon South Side 6 Unit Multifamily Investment Opportunity

A Three-story walk-up Frame Building with 6 Units consisting of Four (3) Bedroom and Two (1) Bedroom Residential Apartments plus full basement (1,978SF+/-) with Laundry and Storage Areas. Gross total floor area of 7,363 Square foot (5,385 Square foot Usable/Livable) and Lot size of 5,227 Square foot. Property is close to public transportation Metro North, Bee Line, MTA Dyre Ave # 5 and 241st Street # 2 trains
Property Details
  • 6 Full Baths
  • 5385 SF
  • 0.12 Acres
  • Renovated 2018
  • 3 Stories
  • Available 2/08/2019
  • Full Basement
  • Renovation: New Appliances, Flooring
Unit Information
Unit #1 – Bedrooms: 11, Full Baths: 6, Occupied
Interior Features
  • Hardwood Flooring
  • Steam Radiators
  • Oil Fuel
Exterior Features
  • Frame Construction
  • Brick Siding
  • Vinyl Siding
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • 7% Cap. Rate
Income/Expenses
  • Gross Income $122,040
  • Net Income $73,169
  • Operating Exp $48,871
  • Maintainence Exp $3,000
  • Insurance Exp $660
  • Heat Exp $17,946
  • Electric Exp $1,442
  • Water Exp $2,693
  • Misc Exp $3,600
  • Total Exp $48,871
  • Paid by Landlord: Heat, Water, Insurance, Ground Maint.
Taxes and Fees
  • $12,394 School Tax
  • $1,446 County Tax
  • $5,544 City Tax
  • $759 Other Tax
  • $20,143 Total Tax
  • Tax Year 2017
Previously Listed By
ANDREW LICHTENSTEIN INC
Office: 718-549-5999
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