26 Elmwood Ave. Philmont NY | 26 Elmwood Ave
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26 Elmwood Ave. Philmont NY 26 Elmwood Ave
6 Unit Apartment Building $685,000 ($114,167/Unit) 8.38% Cap Rate Philmont, NY 12565
Executive Summary
Fully rented 6 unit multifamily building.
New Buderus boiler
Building in excellent condition
New Buderus boiler
Building in excellent condition
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $685,000 | Building Class | C |
| Price Per Unit | $114,167 | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| Cap Rate | 8.38% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Garden |
| Price | $685,000 |
| Price Per Unit | $114,167 |
| Sale Type | Investment |
| Cap Rate | 8.38% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2023 |
| Parking Ratio | 1.6/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+1 | 2 | - | - |
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PROPERTY TAXES
| Parcel Number | 102801-113-009-0001-016-000-0000 | Total Assessment | $298,000 (2023) |
| Land Assessment | $23,800 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $274,200 (2023) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
102801-113-009-0001-016-000-0000
Land Assessment
$23,800 (2023)
Improvements Assessment
$274,200 (2023)
Total Assessment
$298,000 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
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26 Elmwood Ave. Philmont NY | 26 Elmwood Ave
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