20 Bonnefoy Place, New Rochelle, NY 10805

$1,325,000
19
BD
7
BA
6,500
SqFt
Sold Price
$1,325,000
List Price
$1,500,000
Status
CLOSED
MLS#
H6228606
Closing Date
May 05, 2023
Year Built
1930
Bedrooms
19
Bathrooms
7
Acres
0.11
Living Area
6,500

Property Description

7 unit brick building in close proximity to blossoming downtown New Rochelle and the Metro North Railroad. This building offer two- 2 bedroom/1 bath apartments and five- 3 bedroom/1 bath units. Long term tenants in all but two units. This building is rent stabilized. It has a natural gas furnace heating the entire building. It also has access to the rear yard perfect for garbage storage. The current rent roll is 171k and expenses are approximately 60k, leaving the investor with a $111k NOI and a 7.4% CAP rate. There is excellent upside potential as it is located in the Downtown Overlay zone which could be a piece of a future high rise development. Call us today, this will not last!

Additional Information

Taxes
$33,109
Lot Size
4,918
Interior Features
Eat-in Kitchen
Heating
Natural Gas, Hot Water
Cooling System Type
None
Sewer
Public Sewer
Water Source
Public
Basement
Full, Partially Finished
Elementary School
Trinity Elementary School
Middle School
Isaac E Young Middle School
High School
New Rochelle High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Pasquale P. Marciano (marcianore@msn.com) from Listing Office: Century 21 Marciano.

Listing courtesy of Pasquale P. Marciano from Century 21 Marciano


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