130 195th Street
New York, NY 10468

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$3,200,000
Annual Taxes:$97,914
505 Park Ave, New York, NY 10022
Listing Courtesy of Real Broker NY LLC

Exceptional multifamily investment opportunity at 130 West 195th Street in the Kingsbridge section of the Bronx !

Description

Exceptional multifamily investment opportunity at 130 West 195th Street in the Kingsbridge section of the Bronx! This substantial 32 unit, five story brick apartment building offers approximately 24,250 square feet of building area and features classic prewar architecture with an attractive brick facade. According to the seller provided rent roll, the property is 100% occupied with a reported annual rental income of $462,996, annual operating expenses of $232,120.64, and a net operating income of approximately $230,875. The property consists of a mix of one, two, and three bedroom apartments, offering a diversified residential unit configuration. Conveniently situated in an established residential neighborhood with easy access to public transportation, including the nearby 4, B, and D subway lines, providing connections to Manhattan and throughout New York City. Just minutes from Lehman College, Fordham University, Jerome Park Reservoir, Van Cortlandt Park, the Kingsbridge Armory, shopping, restaurants, supermarkets, schools, and neighborhood amenities. The location offers convenient access to major roadways and surrounding Bronx communities. With 32 residential units, established rental income, and a desirable location near transportation and educational institutions, this property presents an opportunity for investors seeking a sizable income producing multifamily asset in the Bronx. Financial information is seller provided and subject to buyer verification.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.