COMMERCIAL
Address: ‎14 E Sandford Boulevard
Zip Code: 10550
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$1,650,000
ID # 1040697
English
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$1,650,000 - 14 E Sandford Boulevard, Mount Vernon, NY 10550|ID # 1040697

ID #‎ 1040697
Construction Year1924
Taxes
(per year)
$31,204
Heat typeHot air
Air
Conditioning
Central Air
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房屋英文概況 English Description

Exceptional investment opportunity with significant upside through increasing current rents to market rate. Welcome to 14 E. Sandford Blvd, a well-maintained six unit multifamily property that was extensively rebuilt from the foundation up in 2015, including new electrical, plumbing, roofing, and major building systems. The property consists of six spacious 3 bedroom, 2 bathroom apartments, each featuring central heating and air conditioning, hardwood floors, large kitchens, ample closet space, and an open-concept living, dining, and kitchen area. All six apartments were renovated as part of the building’s extensive 2015 reconstruction. Additional amenities include a coin-operated laundry room in the basement and a private storage room for each tenant, providing additional convenience and value. Tenants are responsible for their own heat, hot water, electricity, and cooking gas, helping to keep the owner’s operating expenses low With major improvements already completed, this is an excellent opportunity for an investor seeking a well maintained asset with no deferred maintenance and substantial income growth potential. The property is currently operating at approximately a 6.65% cap rate, with the potential to achieve an 11%+ cap rate as rents are increased toward market levels. A compelling opportunity to acquire a turnkey multifamily asset with strong current income and significant long term upside.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 Link NY Realty. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of Link NY Realty

公司: ‍646-321-9428




$1,650,000
COMMERCIAL
ID # 1040697
‎14 E Sandford Boulevard
Mount Vernon, NY 10550


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