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147-149 Meadow Ln
New Rochelle, NY 10805 Residence Park

$3,150,000 USD

Apartments For Sale  •  10,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,000 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 6.82 %
  • Zoning Multi-Family Commercial
34 Transit Score
77 Walk Score

Description 

Legal 4-Plex Operated as a 6-Plex.  
Cash offers only. 
FOUR HUGE SUNNY SPACIOUS (4) x (3) BEDROOM (2) BATHROOM UNITS
TWO (2) HUGE 1,000 SF STUDIOS. 
DIRECTLY ACROSS FROM FORMER "COLLEGE OF NEW ROCHELLE" CAMPUS.
Home was originally a four unit, with the top two units being three (3) bedroom two (2) bathroom units.  
INPLACE NOI = $156,600
PROJECTED NOI = $202,400
REPRESENTED BY CRONIN CAPITAL REAL ESTATE,LLC
CALL EDWARD W. CRONIN WITH ANY QUESTIONS
*WE SPECIALIZE IN COMMERCIAL LEASING AND INVESTMENT DEAL FLOW!*
CALL US TODAY!!!
(914) 420-3402
Cap Rate: 6.82 %

Public Transportation

Commuter RailDriveWalkDistance
New Rochelle Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min - 1.5 mi
Pelham Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.5 mi
AirportDriveWalkDistance
LaGuardia 26 min - 14.1 mi
Westchester County 27 min - 17.3 mi
John F Kennedy International 32 min - 21.7 mi
Edward Cronin 914-420-3402 Cronin Capital Real Estate
Edward Cronin 914-420-3402 Cronin Capital Real Estate