1333 Bristow Street
Bronx, NY 10459
Cross street:Freeman Street

Building

Type:Townhouse
Era:Post-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 14
Pets: Unknown

Financials

Price:$800,000
Real estate tax:$4,434
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass

1333 Bristow Street is a well maintained 3 family building offering strong rental income, low expenses, and major development potential with R7 1 zoning and approx.

Description

1333 Bristow Street is a well-maintained 3-family building offering strong rental income, low expenses, and major development potential with R7-1 zoning and approx. 7,500 buildable SF . Located on a quiet, tree-lined block near Crotona Park, transportation, schools, and shops. Property Details Building Dimensions: 18 × 47 Zoning: R7-1 Estimated Buildable SF: ~7,500 Neighborhood: Crotona Park East, Bronx 10459 Current Rent Roll • 1st Floor – 2BR: $1,600/month • 2nd Floor – 2BR: $1,700/month • 3rd Floor – 2BR (New Renovation): $2,400/month (Proforma) Total Annual Income: $68,400 Annual Expenses • Property Tax: $4,433.76 • Repairs: $500 • Insurance: $2,328.06 • Water: $2,777 • Electric: $4,800 Total Annual Expenses: $14,838.82 Financial Summary Net Operating Income (NOI): $53,561.18 Cap Rate at $800,000 Asking Price: 6.70% Perfect for investors, 1031 buyers, or future development.

Amenities

Garage;
  • Garage
  • Voice Intercom

OLR IDX

RLS Data display by Nest Seekers LLC.

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.