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Rare value-add opportunity in the heart of Downtown Yonkers. 95 Buena Vista Avenue is a solid all-brick 6-unit multifamily building, offering approximately 7, 398 square feet across three stories on a 6, 098 sf lot. The property features six spacious 2-bedroom, 1-bath apartments (12 bedrooms and 6 full baths total), a renovated finished basement great for storage bonus room, and a rare 3-car attached garage with additional driveway parking. Three apartments have been fully renovated, including updated kitchens and bathrooms, giving the next owner modernized units and long-term upside potential. The property offers flexibility with several vacant units and remaining tenants currently month-to-month with no leases in place who have expressed willingness to vacate. Major updates include a roof approximately 5 years old, boiler less than 5 years old, and windows replaced within the last 15 years. Heat and hot water are provided by a central oil-fired boiler, while each apartment is separately metered for gas and electric with gas cooking in every unit. Located minutes from Metro-North, Bee-Line buses, shopping, dining, and the revitalized Yonkers waterfront, this property sits in one of Westchester County’s fastest-growing and most walkable neighborhoods. Ideal for investors, 1031 exchange buyers, or owner-occupants looking for strong income potential and long-term upside. Please note that the square footage on the floor plan only reflect the basement and the three renovated vacant apartments. The other three occupied units are not included. Total building size is approximately 7, 398 sq. ft.
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Our Executive Mortgage Banker:
$1,579,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,263,200 | $1,263,200 | $1,263,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,587 | $1,587 | $1,587 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,172 | $7,675 | $10,660 |
| Total Monthly Payment | $8,884 | $9,387 | $12,372 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.