New York, NY 10467

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No

Financials

Price:$3,200,000
505 Park Ave, New York, NY 10022
Listing Courtesy of Exit Realty DKC

Brand new, fully vacant 8 family building in the Bronx !

Description

Brand-new, fully vacant 8-family building in the Bronx! 3530 Willett Avenue offers six one-bedroom units and two studios with modern finishes, efficient systems, and abundant natural light. Enjoy a 30-year tax abatement and projected 6-7% cap rate with approx. With potential $207K NOI and $244K annual income. Turnkey new construction with no tenants, minimal expenses, and strong rental upside in a convenient Williamsbridge location near transit, shopping, and schools.

Amenities

  • Cable - Available
  • Electricity Available
  • Electric Oven

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.