New York NY, 10456
$1,500,000
Multi Family
Commercial
, 6401 SqFt
Details
ML#: H6332951
- # of Families: 5
- Sale or Rent:Sale
- Year Built: 1927
- Taxes: $16,950
- Status:Active
Description
PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM This expansive 5-family building, located in the Bronx, boasts over 6, 000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection. There’s additional potential to convert the units into more bedrooms, maximizing rental income given the property’s large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don’t miss this chance to make a great return!
More Property Details
Bedroom: 13
Full Bath: 9
Lot Size: 0.0805
Lot Sq Ft: 3507
Approx. Int. Sq. Ft.: 6401.00
Parking Spaces: Yes
Parking Facilities: Other
Heat: Natural Gas, Radiant
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $16,950
School District#: 999
School District: Bronx
Listing Information provided courtesy of
Soler Realty
917-710-3528