NMFD-1 Belmont Avenue Bronx, NY 10458; L/ITALY Income Mixed Use Building For Sale BUY NOW!!
- Type: Commercial
- Style: Apartment
- Bedrooms: 14
- Bathrooms: 14
- Size: 9,650 sq. ft.
- Development Level: Built
- Year Built: 2006
A 6 story Elevator Apartment Building with 7 large 2 Bedroom Apartments and 2 Commercial Offices.
cap rate 4.4%
built in 2008
huge basement and cellar used as ground floor office
each apt has individual gas meters for heat and cooking
PRIME LITTLE ITALY LOCATION
West side Belmont Ave East 187th and East 186th Street areas
25' x 88' (88' 88' 60' 50 50 50' )
R6 (2.43) with a C2-4 Overlay (2.0)
A 25' wide 9-unit six (6) story mixed-use elevator building. The property has a store on the ground floor which has 11' ceilings and two half bathrooms. The second floor is a floor- through office, which has a half bathroom and an outside terrace. The office also has a small kitchen. Both the ground and second floors are individually metered, the seven apartments above are also individually metered they have their own water heaters and heating units. The basement is built full it has three storage spaces and a room for the gas and electric meters and the sprinkler system.
The property was built in 2006 everything is new and in good condition. There is a tax abatement, which expires in 2023. The store and office are occupied by the owner's non for profit. The property is being sold with the owner entering into a 5-year lease with the new owner at closing, the rent will be $5,000 per month with an option for another five years.
PRESENT OFFER TODAY; WON'T LAST LONG
FOR MORE INFO; EMAIL OR TEXT THE LISTING AGENT FOR DETAILS; QUALIFIED OR CASH BUYER WELCOME!!
PROOF OF FUND REQUIRED FOR ANY INQUIRY ON PROPERTY
Information is deemed to be correct but not guaranteed.