26 Hamilton Ave
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26 Hamilton Ave
7 Unit Apartment Building $2,419,950 CAD ($345,707 CAD/Unit) 5.68% Cap Rate Ossining, NY 10562
Investment Highlights
- Close to Transportation, Train Station, Major Highways, Schools, Shops and Restaurants
- Excelent Income Producing
- Hudson River Views and Palisades
Executive Summary
Magnificent Turn of Century Victorian in the Historic Ossining, with Panoramic River Views, with unique architectural details and structure. Offering this cash flowing, well maintained seven (7) unit property with long term rentals (no leases) below market value with great opportunity for rent upside. Great condition all units are updated. Plenty of storage area and onsite parking ( 6 spaces) in front and additional in expanded back lot which also has possibility to build additional multi family structure. Conveniently located close to schools, shops. restaurants and train station. "sold as is" Two Units have dishwashers, Coin operatored washer & dryer Income $500-$600 monthly in basement.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,419,950 CAD | Building Class | C |
| Price Per Unit | $345,707 CAD | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 6,128 SF |
| Cap Rate | 5.68% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1880 |
| Property Subtype | Apartment | Parking Ratio | 2.28/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,419,950 CAD |
| Price Per Unit | $345,707 CAD |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 6,128 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1880 |
| Parking Ratio | 2.28/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $2,206 CAD | - |
| 2+1 | 1 | $2,705 CAD | - |
| Studios | 1 | $2,064 CAD | - |
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PROPERTY TAXES
| Parcel Number | 4203-097-007-00000-000-0045-000-0-2 | Total Assessment | $981,219 CAD |
| Land Assessment | $465,912 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $515,307 CAD | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Number
4203-097-007-00000-000-0045-000-0-2
Land Assessment
$465,912 CAD
Improvements Assessment
$515,307 CAD
Total Assessment
$981,219 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2024
zoning
| Zoning Code | Class 411 (Multi Family) |
| Class 411 (Multi Family) |
Contacts
-
Joseph Moleano -
Richard Diller -
Charles Rutenberg Realty, Inc.-Commercial Division
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26 Hamilton Ave
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