156 Woodworth Avenue

156 Woodworth Avenue,
Yonkers, NY 10701

 

$4,440,000
Offering Price
26
Number of Units
$170,769
Price Per Unit
18,235
Building SF
6.10%
Cap Rate
5,651
Land SF
$4,440,000
Offering Price
26
Number of Units
$170,769
Price Per Unit
18,235
Building SF
6.10%
Cap Rate
5,651
Land SF

Investment Summary

  • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 156 Woodworth Avenue in Yonkers. The property is a 26 Unit Pre-War Brick building just footsteps away from the Yonkers Metro-North Train Station which is located in the heart of all the recent development activities in the downtown Yonkers corridor. The property offers large units with substantial upside potential in the rent roll as this property has high recorded Legal Rents as registered with the Division of Housing & Community Renewal (DHCR). An investor can capitalize on the strategic location of the property and the ability to raise rents given the light of our recent Rent Law Reform. The property offers renovated and modern units. The property also has a new boiler offering Dual Fuel (Gas and Oil). A great opportunity for Yonkers downtown.

Investment Highlights

  • Large Units
  • New Dual (Gas & Oil) Boiler
  • High Legal Rent Roll Registered with DHCR
  • Renovated Units
  • Walking to Yonkers Metro North Train Station

Quality of Life

  • Yonkers offers a terrific lifestyle for families, young professionals, seniors or those just passing through. The city boasts dozens of diverse neighborhoods offering quiet, residential, tree-lined streets, vibrant city living and everything in between. From our waterfront esplanade, to our golf courses and pools, to our more than 70 parks and historic sites, to our shopping and entertainment venues, there’s always something to do in Yonkers.
  • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 156 Woodworth Avenue in Yonkers. The property is a 26 Unit Pre-War Brick building just footsteps away from the Yonkers Metro-North Train Station which is located in the heart of all the recent development activities in the downtown Yonkers corridor. The property offers large units with substantial upside potential in the rent roll as this property has high recorded Legal Rents as registered with the Division of Housing & Community Renewal (DHCR). An investor can capitalize on the strategic location of the property and the ability to raise rents given the light of our recent Rent Law Reform. The property offers renovated and modern units. The property also has a new boiler offering Dual Fuel (Gas and Oil). A great opportunity for Yonkers downtown.

Neighborhood Safety

  • Yonkers is ranked as the fourth safest city of its size in the country. Thanks to the hard work of our Police Department and other emergency service personnel, crime in Yonkers continues to drop.
  • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 156 Woodworth Avenue in Yonkers. The property is a 26 Unit Pre-War Brick building just footsteps away from the Yonkers Metro-North Train Station which is located in the heart of all the recent development activities in the downtown Yonkers corridor. The property offers large units with substantial upside potential in the rent roll as this property has high recorded Legal Rents as registered with the Division of Housing & Community Renewal (DHCR). An investor can capitalize on the strategic location of the property and the ability to raise rents given the light of our recent Rent Law Reform. The property offers renovated and modern units. The property also has a new boiler offering Dual Fuel (Gas and Oil). A great opportunity for Yonkers downtown.

A Commitment to Education

  • More than 26,000 students attend the 40 public schools in Yonkers, which also has several private and parochial schools and one charter school. U.S. News and World Report ranks Yonkers Middle High School among the best high schools in the country, Saunders Trades & Technical High School is in the top 10 percent of high schools nationwide, and PEARLS Hawthorne School, a Blue Ribbon School, is one of the top elementary schools in the state.
  • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 156 Woodworth Avenue in Yonkers. The property is a 26 Unit Pre-War Brick building just footsteps away from the Yonkers Metro-North Train Station which is located in the heart of all the recent development activities in the downtown Yonkers corridor. The property offers large units with substantial upside potential in the rent roll as this property has high recorded Legal Rents as registered with the Division of Housing & Community Renewal (DHCR). An investor can capitalize on the strategic location of the property and the ability to raise rents given the light of our recent Rent Law Reform. The property offers renovated and modern units. The property also has a new boiler offering Dual Fuel (Gas and Oil). A great opportunity for Yonkers downtown.

Entertainment

  • Empire City Casino at Yonkers Raceway, one of New York’s most historic tracks, has thousands of slot machines and electronic game tables, gourmet restaurants and pub-style cuisine. With the Cross County Shopping Center, Ridge Hill, and Central Park Avenue corridor all along the I-87 corridor, Yonkers is the ultimate shopping destination in Westchester County and the region. If you’re looking for a night out, the Downtown Waterfront district and McLean Avenue offer dozens of dining and nightlife destinations.
  • NuRealty Advisors Inc. is proud to present the Exclusive Listing for 156 Woodworth Avenue in Yonkers. The property is a 26 Unit Pre-War Brick building just footsteps away from the Yonkers Metro-North Train Station which is located in the heart of all the recent development activities in the downtown Yonkers corridor. The property offers large units with substantial upside potential in the rent roll as this property has high recorded Legal Rents as registered with the Division of Housing & Community Renewal (DHCR). An investor can capitalize on the strategic location of the property and the ability to raise rents given the light of our recent Rent Law Reform. The property offers renovated and modern units. The property also has a new boiler offering Dual Fuel (Gas and Oil). A great opportunity for Yonkers downtown.
FOR MORE DETAILS CONTACT
Michael Nukho
President
(914) 670-7065
MNukho@NuRealtyAdvisors.com
10311203305
Lukasz Przybylek
Executive Vice President
(914) 479-2721
LukaszPrzybylek@gmail.com
10301212062