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$ 1,295,000
Est. payment | /mo
2,574 Sqft Lot
$ 1,295,000
Est. payment | /mo
2,574 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6327685
HOA Y/N No
Rental Info No
Year Built 1928
Annual Tax Amount $15,296
Lot Size 2,574 Sqft
Acres 0.0591
Property Sub-Type Multi Family
Source onekey2
Property Description
OWNER FINANCING AVAILABLE WITH 20% DOWN PAYMENT. CALL TO INQUIRE.
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
Location
State NY
County Bronx County
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features None
Utilities Available Trash Collection Public
Building
Sewer Public Sewer
Water Public
Schools
High Schools Bronx
School District Bronx
Others
Special Listing Condition None
Listed by Keller Williams Realty NYC Grp