Franklyn Apartments

  • Title

    Multifamily Property for Sale

  • City

    Yonkers, NY

  • Price

    $2,670,000

  • Cap Rate

    6.51%

  • Gross Leasable Area

    12,450 SF

  • No. Units

    22

  • Price/Unit

    $121,364

  • No. Stories

    5

  • Property Type

    Apartments

  • Lot Size

    6,150 SF

Not found amenities.

The Franklyn Apartments comprises of 22 Units in a 5-story building located at 14 Highland Avenue, Yonkers, NY. The property, just off South Broadway, is located in close proximity to St. Josephs Medical Center and the Ludlow Train Station which has service to Grand Central in 33 Minutes.
Over the past 10 years, the property has seen various capital improvements including a new roof and 1500 gallon #2 oil tank. Additionally, the building has been upgraded with new kitchens and a sprinkler system in the hallways and stairwells. This is a clean, turn-key property that is priced to deliver a solid return to the next owner.

Yonkers, NY