DNMN0 Fulton Ave Bronx, NY 10456; 4 Building Pfolio Bronx Multifamily Properties For Sale BUY NOW!!
- Type: Commercial
- Style: Apartment
- Bedrooms: 50
- Bathrooms: 50
- Size: 23,238 sq. ft.
- Development Level: Built
Two 4 Story Newly Built walkup Residential Buildings with a Total of 28 Apartments in the Morrisania section of the Bronx. These 2 Properties are Net Leased to 2 Entities. Fulton Avenue area property has 5 year initial lease terms while East 170th Street area property has a 10 year initial term. Both have lease Renewal Options. 2 Buildings have combined 19,918 square foot total plus an Additional 3,320SF of Air Rights available for a total of 23,238 square foot Residential as of right maximum FAR Buildable.
#1 Mapes Avenue Building- has 10 Residential Apartments while the #2nd Mapes Avenue Building- A 7 Story Elevator Building has 22 Residential Apartments, a Large 600+/- square foot Recreational room and a 300+/- square foot Community Facility. #2nd Mapes Avenue Building is Net Leased and has a 5 year initial lease term and a 421A Tax Abatement with 11 years remaining. #1 Mapes Avenue Building is fully constructed and interior nearing completion. Buildings will have 5 year lease Renewal Options
PRESENT OFFER TODAY; WON'T LAST LONG!!!
FOR MORE INFO; EMAIL OR TEXT THE LISTING AGENT FOR DETAILS
A PROSPECT MUST SHOW PROOF OF FUND PRIOR SHOWING PROPERTIES
Information is deemed to be correct but not guaranteed.