Welcome to this exceptional investment opportunity located in a prime area.


Property

Website:https://www.nestseekers.com/4056773
Address:
210-214-218-220-226 white plains road
New York, NY 10473
Ownership: For Sale
Type: Retail

Financials

Price:$8,500,000

Description

Welcome to this exceptional investment opportunity located in a prime area. The property includes a building with 10 storefronts and is being sold as a package with the vacant lot at 1927 Gildersleeve Ave, Bronx, NY 10473, which spans 15,767 square feet. Don’t miss the chance to own this high-income-generating property. Buyers are encouraged to perform their due diligence. The annual rental income from the storefronts is $512,400, with 1927 Gildersleeve Ave generating $30,000 annually, and the vacant lot providing an additional $12,500 in annual rental income. The annual expenses include taxes of $100,000 and insurance costs of $12,000. Located just a block away from the ferries to Manhattan, this property is in a rapidly developing area. Don’t miss the opportunity to own this high-income-generating building! DO NOT DISTURB TENANTS. CALL TO MAKE AN APPOINTMENT FOR ALL SHOWING.

Amenities

  • Gas Water Heater

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty