Nest Seekers

Well maintained five story brick corner building in the Bronx featuring 11 units, all currently rented.

New York, NY 10472

Listing

Web ID:5726929
Website:https://www.nestseekers.com/5726929

Property

Ownership: For Sale
Type: Unknown
Rooms: 66
Bedrooms: 33 BR
Bathrooms: 11
Lot Size: 0.1 Acres

Financials

Price:$1,300,000
Annual Taxes:$58,286.28

Description

Well-maintained five-story brick corner building in the Bronx featuring 11 units, all currently rented. Each apartment unit features 3 bedrooms and 1 full bathroom. The property offers approximately 14,000 square feet of building area situated on a 40 x 100 lot. Renovated interiors feature updated kitchens with stainless steel appliances, floor-to-ceiling tiled bathrooms, and hardwood floors throughout. Units are individually metered for gas. Heat is landlord-controlled and supplied by oil. The property features a boiler system and two electric hot water tanks. Property currently generates over $15,000 per month in rental income with an 8.89% cap rate. Convenient Bronx location with access to transportation, shopping, and neighborhood amenities.

Amenities

  • Other
  • Oven
  • Refrigerator

Contact

Eastside, NY, Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
info@nestseekers.com
Listing Courtesy of 5 Boro Realty Corp
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