33 E Grand Street

Mount Vernon, NY 10552

Sold $100,000

Closed 328 days ago.
  • Commercial Sale, Mixed Use
  • Basement: None
  • Heating: Oil, Hot Water
  • Cooling: Window Unit(s)
5 Occupied Coops (Unsold Sponsor Shares) in well maintained Garden Coop in the Heart of Fleetwood/Mt Vernon - (4) 2 Bedrooms units and (1) 1 Bedroom unit - Every unit is occupied by long term tenants residing since PRE-1981 - Current sale prices (within 365 days) are $130-140,000 for the 2 bedrooms and $102,000 for the 1 bedroom. We are offering this as a complete package @$23.5k per unit Total asking price $117,500. Units are ETPA - Rent Roll is $49,056 per year and the Maint. Charges are $59,269 - Net Operating income is a loss of $10,213 before taxes and deprec. - Great upside potential is possible" - "This is a speculative investment and no guarantees are implied" Cash only no mortgages.
Construction Materials
Brick
MLSID
H5003262

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