Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$3,100,000
Annual Taxes:$34,621.76
505 Park Ave, New York, NY 10022
Listing Courtesy of Blue Brick Real Estate

Description

10-Unit Multifamily – Norwood, Bronx | Owner Financing – Just 15% Down | Below-Market Rents – High Upside Outstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden. Owner Financing Available – Just 15% Down! Finance up to 85% of the purchase price 5.75% fixed interest rate Skip the banks – flexible seller-backed terms Property Highlights: 10 residential units with strong rental demand Rents are well below market – unlock major income potential Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors Quiet, residential block in a rapidly appreciating neighborhood Perfect for value-add investors, 1031 exchanges, or long-term hold strategies This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.

Amenities

  • Electricity Connected

10 Unit Multifamily Norwood, Bronx Owner Financing Just 15 Down Below Market Rents High Upside Outstanding investment opportunity in the heart of Norwood, Bronx this 10 unit multifamily building is ...


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.