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94 School St 2,300 SF 100% Leased Retail Building Yonkers, NY 10701 $850,000 ($369.57/SF) 5.25% Cap Rate
Executive Summary
Property is 2, 300 sqft & recently renovated. The building is fully occupied, collecting $3,500 per month, annual profit of $42,000.
Leases are for 3 years, expire September 30, 2024, increase in October. Taxes are $8,021 per year.
Leases are for 3 years, expire September 30, 2024, increase in October. Taxes are $8,021 per year.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,300 SF
Building Class
C
Year Built
1928
Price
$850,000
Price Per SF
$369.57
Cap Rate
5.25%
NOI
$44,660
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.05 AC
Zoning
C - Commercial Zoning
Frontage
30’ on School Street
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1800-001-000-00196-000-0003 | Improvements Assessment | $4,712 |
| Land Assessment | $2,000 | Total Assessment | $6,712 |
Property Taxes
Parcel Number
1800-001-000-00196-000-0003
Land Assessment
$2,000
Improvements Assessment
$4,712
Total Assessment
$6,712
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94 School St
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