214 5th Ave 16 Unit Apartment Building $5,345,098 CAD ($334,069 CAD/Unit) 5.76% Cap Rate Pelham, NY 10803
INVESTMENT HIGHLIGHTS
- A Stand Out, 14 Residential Brick Mixed Use Bldg/14 Residential Units & 2 Large Hi Ceiling Commercial Units, /Free Market Rent Bldg.
- Classic Village Setting/borders NYC, Very quick walk to Pelham Train Station and 2-3 minute walk to Fifth Avenue Supermarket, cafes, shops, offices.
- Apartments have Hi Ceilings, Large Windows, Hardwood/Wood Floors. Very spacious Basement has washer/dryer plumbing & electricity. 2 separate stairs.
- FREE MARKET APARTMENT BUILDING WITH 2 COMMERCIAL SPACES.
EXECUTIVE SUMMARY
214 Fifth Avenue, Pelham, NY. UNIQUE/STANDS OUT. BRICK, Classic Architecture & bones & incomparable location. FREE MARKET, 4 Story, 14 Residential (Nine 2 Bdrm & Five 1 Bdrm Apartment Building, hardwood floors + hi ceils + big windows) + Two Spacious/Hi Ceiling Commercial Units/Each own exterior & interior entry. 214 5th Avenue is located in the most vibrant, cultural, beautiful and most convenient area of Village of Pelham/Town of Pelham, Westchester County, Borders NYC! A Few Minutes WALK TO TRAIN STATION. Bus Lines around corner. Walk to renowned gourmet DeCicco's Food Market; walk to shops/stores, cafes/restaurants, medical/dental, offices, salons, park, etc. Street/metered parking + See Online Village Of Pelham Parking for parking lots.
OTHER FEATURES: Building entry lobby long/wide & hi ceilings, mosaic tile floor lobby and landings + marble/limestone staircase to top roof floor.
Basement has washing machine/dryer hooks ups. 14 Gas Meter Room (Apts have gas stoves). 16 Electricity Meter Room. the 14 residential units have gas stoves) Oil Heat & HEAT:OIL, Furnace located in basement. Oil storage tank in basement above ground.
IMPORTANT: Information obtained from ownership is deemed reliable as well as information obtained online/Village of Pelham but always subject to independent verification. Possibility that elevator existed on property at one time, but verify with Village and Town of Pelham. Tax card shows bldg built in 1980. Verify that 214 5th Avenue is Free Market, Call/Contact Village of Pelham, & Westchester County to verify.
OTHER FEATURES: Building entry lobby long/wide & hi ceilings, mosaic tile floor lobby and landings + marble/limestone staircase to top roof floor.
Basement has washing machine/dryer hooks ups. 14 Gas Meter Room (Apts have gas stoves). 16 Electricity Meter Room. the 14 residential units have gas stoves) Oil Heat & HEAT:OIL, Furnace located in basement. Oil storage tank in basement above ground.
IMPORTANT: Information obtained from ownership is deemed reliable as well as information obtained online/Village of Pelham but always subject to independent verification. Possibility that elevator existed on property at one time, but verify with Village and Town of Pelham. Tax card shows bldg built in 1980. Verify that 214 5th Avenue is Free Market, Call/Contact Village of Pelham, & Westchester County to verify.
PROPERTY FACTS
UNIT AMENITIES
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Basement
SITE AMENITIES
- Security System
- Gas Range
- On-Site Retail
- Trash Pickup - Curbside
- Vintage Building
- Wi-Fi
- Storage Space
- Bicycle Storage
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 9 | - | - |
1 of 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 4403-163-036-00002-000-0027 | Improvements Assessment | $2,421,687 CAD |
| Land Assessment | $216,655 CAD | Total Assessment | $2,638,341 CAD |
ZONING
| Zoning Code | B1 (Mixed Use) |
