Kassin Sabbagh Realty (KSR) has been entrusted with the sale of 6 E. Sdney Avenue, a 27,000 square foot mixed-use building situated prominently on the corner of Gramatan Avenue and E Sidney Avenue in Mt. Vernon. Comprising 24 apartments and 6 retail units, the building features 18 recently renovated apartments, ensuring modern comfort and appeal.
Retail tenants at the property contribute towards real estate taxes, building insurance, and water expenses, enhancing financial stability and operational efficiency.
The property enjoys proximity to various bus lines, facilitating convenient transportation options for residents and visitors alike. Additionally, the Metro-North train station at Mount Vernon East and the Bronx River Parkway are easily accessible, enhancing connectivity to surrounding areas.
The property benefits from a vibrant retail environment, including numerous grocery stores, restaurants, banks in close proximity with mass transit (2, 5, MTA) within 2 – 6 minutes away.
Listing Status: | Available |
---|---|
Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $6,750,000 |
No. of Units: | 30 |
Building Size: | 33,436 Sq ft |
Lot Size: | 7,500.00 Sq ft |
No. of Stories: | 4 |
Zoning Code: | NB |
Opportunity Zone: | No |
Price per unit: | $225,000 |
Property Website | Click Here |
Income/expense info: | Actual |
---|---|
Gross income: | 714501.60 |
Effective Gross income: | 714501.60 |
Operating expenses: | 192427 |
Net operating income: | 522074.60 |
Full name | Phone number | Email address |
---|---|---|
SAMIA FARAH | 917.523.1274 | [email protected] |
Chicago & Midwest | October 4, 2024
Texas | October 4, 2024
Texas | October 4, 2024
CBRE | Nevada
SVN OAK Realty Advisors | Oklahoma
Avison Young - US - NY - New York
GREA
California
North Carolina