Multifamily For Sale

209 Franklin Avenue, Mount Vernon, NY

$1,300,000

Price

6.5%

Cap Rate

$84,810

NOI

Overview
Cap Rate
6.5%
NOI
$84,810
Building Size
8,150 sqft
Lot Area
3,951 sqft
Units
10
Price Per Sqft
$160
Price Per Unit
$130,000
Description

Team Lala of RM Friedland is pleased to present the opportunity to acquire this ten family building located on the west side of Franklin Avenue just south of East Third Street in the city of Mount Vernon, New York.

Features in this 'all brick' multifamily building include: security cameras, intercom system, steel and glass entrance, a silver-coated rubber roof, a clean tile lobby, and many preserved original features.

Systems include: two 275 gallon oil tanks and eleven electric meters in the basement.

Tenants benefit from local bus service with multiple stops located an estimated 150 feet from the subject property.

Documents
Title
Offering Memorandum
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Location
Gallery