Mobile: 347 340 5097

NMFD-1 Belmont Avenue Bronx, NY 10458; L/ITALY Income Mixed Use Building For Sale BUY NOW!! Bronx ( New York, US - 10458) Built

$2,625,000 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: 14
  • Bathrooms: 14
  • Size: 9,650 sq. ft.
  • Development Level: Built
  • Year Built: 2006

Description

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' )
6
9,650
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.

CALL NOW
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

Attachments

P2#301503259
top
Information is deemed to be correct but not guaranteed.