Exceptional investment opportunity at 77 York Avenue. This large two-family offers 4,050 square feet of living space, three gas meters, and a current rent roll of 126,504 per year. The first-floor 4-bedroom unit is rented for 4,681. The second-floor unit mirrors the first and is connected to a finished attic… Read More that adds three extra rooms, a full kitchen, a full bath, its own gas meter, and a separate entrance; that combined unit is rented to one family for 5,861. The ground-level is an unfinished walkout basement features high ceilings, large windows, and a separate entrance and could likely be legalized as an ADU for a third rental. Strong income now with upside through legalization and ongoing management makes this a great pick for an investor seeking a high cap rate. Contact me for the full rent roll, financials, or to schedule a showing. Read Less
Courtesy of Homes R Us Realty of NY, Inc..
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family
Beds
9
Full Baths
4
Partial Baths
2
Square Ft.
4,050
Lot Size
0.06 Acres
Year Built
1925
MLS Number
2601333
30 Days Snapshot Of 10301
$703k
+16%
(avg) sold price
6
-33%
homes sold
286
+81%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1925, Building area total: 4,050, 3 stories, Construction materials: "Vinyl Siding"
Cooling
"Units"
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $126,504, Net operating income: $117,282
Lot
0.06 acres, 2,626 square feet, Area: 2,626
Parking
"Off Street"
Property
Zoning: R3X
Sewer
"City"
Taxes
Tax annual amount: $4,022
Utilities
Electric: "220 Volts"
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