New York, NY 10474

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$1,150,000
Annual Taxes:$7,796.64
505 Park Ave, New York, NY 10022
Listing Courtesy of Motivated Access Realty Corp.

Turnkey 7. 3 Cap Rate Investment Opportunity Hunts Point's Best Yield.

Description

Turnkey 7.3% Cap Rate Investment Opportunity – Hunts Point's Best Yield. NEW ROOF, NEW BOILER, NEW WINDOWS which means no immediate repairs needed! Unlock immediate ROI with this massive, 3,100+ sq. ft. multi-family powerhouse in the heart of the Bronx. Whether you are looking for a high-performing addition to your portfolio or a primary residence that pays for itself, 1321 Lafayette Ave is a "move-in ready" solution in a market where inventory is tight. Skip the headaches of property management startup. This building is being sold with two units already occupied reliable tenants, ensuring your cash flow begins on Day 1. Enjoy expansive city views, including a front-row seat to local fireworks displays. Schedule your private tour of 1321 Lafayette Ave today and see where the numbers lead.

Amenities

  • Eat-in Kitchen
  • Natural Gas Available
  • Trash Collection Public

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.