September 19, 2022 – Will Kiriazidis of Horvath & Tremblay has successfully completed the sale of a 4-unit Multi-Family in Yonkers, New York. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $825,000.
10 Fortfield Avenue is a two-story brick building that contains four (4) total units comprised of one (1) 3-Bedroom/1-Bathroom unit, one (1) 2-Bedroom/1-Bathroom unit and two (2) 1-Bedroom/1-Bathroom units with 3,552 square feet of living area, in 5,000 square feet of total gross area, on a 0.11-acre parcel. The Property also features off-street parking with a one-car garage and four (4) spaces. The Property is not subjected to ETPA or DHCR registrations. 10 Fortfield Avenue is centrally located in Yonkers, just off of the Saw Mill River Parkway. The location offers easy access to a numerous dining, entertainment, and retail options for residents, and is also in close proximity to a number of area schools. The Property is 2 miles from Downtown Yonkers and Saint Joseph’s Medical Center. The Empire City Casino, the Yonkers Raceway and the Cross County Shopping Center, with more than 80 shops and restaurants, are all within three miles of the Property.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.