Mobile: 347 340 5097

KLM-1East 182nd Street Bronx, NY 10457; Multifamily Building 20 Units For Sale BUY NOW!1 Bronx ( New York, US - 10457) Built

$4,700,000 USD

Hostings Houses Homes & Lands Dev LLC

Noah Olay Noah Olay 347 614 2108 (Office) 347 340 5097 (Cell) 718 547 3674 (Fax) Request More Info

  • Type: Commercial
  • Style: Apartment
  • Bedrooms: 20
  • Bathrooms: 20
  • Size: 20,000 sq. ft.
  • Development Level: Built
  • Year Built: 1913

Description

The property has five stories, offering as built approximately 20,000 square feet above grade. Built-in 1913 the property is a 50 wide, 5-story building, consisting of twenty (20) leased residential units. The property benefits from its proximity to historic Bronx institutions and commercial areas, a desirable unit mix, and potential upside in the rents. The residential units are configured as ten (10) two-bedroom apartments, five (5) three-bedroom units and five (5) one-bedroom units. Each unit is individually metered for gas and electric service.

december 2018 update
Block/Lot:
3099/10
Lot Dimensions
50.0 x 100.0
Lot Area
5,000 sq.ft
Zoning:
R7-1
FAR as Built:
4.0
Max FAR:
4.8

INVESTMENT HIGHLIGHTS:
• 5-story walk-up building with a total of 21 rent stabilized units
• The building is well maintained and in immaculate condition
• Assumable mortgage of $3,018,000 with a rate of 3.625% (4 years remaining)
• Located within 2 blocks from the Bronx Zoo
• Within short distance to the West Farms Square- E Tremont Ave Station ( trains)

Property Type
MultiFamily
Neighborhood
Belmont
Property Dimensions
50.0 x 80.0
Property Area
20,000 sq.ft.
Total Units:
20
Stories:
5
NOI
$260,580

Attachments

Features

Exterior Finish

  • Brick

Roof

  • Other

Appliances

  • Refrigerator
  • Stove
P2#301503254
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Information is deemed to be correct but not guaranteed.