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Bronx NY, 10467 $1,850,000

Retail Commercial , 14200 SqFt 

Property Picture
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Details ML#: 3590180  

  • # of Families: 4
  • Sale or Rent:Sale
  • Year Built: 1966
  • Taxes: $56,124
  • Status:Active

Description

Calling All Investors, Developers & End-Users!!! 4 Unit Mixed-Use Building With Garage For Sale In The Bronx!!! The Building Features Great Exposure, Excellent Signage, Strong R5B/R5D/C1-4 Zoning, 11 Parking Spaces, High 9’ Ceilings, (3) 2 Br. Apts., Basement With 8’ Ceilings, 2 Skylights, 2 Private Driveways, Garage, Ramp, Accessible Bathrooms, LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart The Bronx On Perry Avenue In Between The Mosholu Parkway & Bronx River Parkway!!! Neighbors Include Starbucks, Citi, Extra Space Storage, Best Buy, Blink Fitness, Crunch Fitness, Walgreens, Marshalls, Burlington, McDonald’s, Chick-fil-A, Dollar Tree, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Floor + LL (8, 600 Sqft.): $144, 000 Ann. (Available) 2nd Floor: Apt. 1 (2, 800 Sqft., 2 Br. Apt.): $38, 400 Ann. (Available) Apt. 2 (2, 800 Sqft., 2 Br. Apt.): $38, 400 Ann. (Available) 3rd Floor: Apt. 3 (2, 800 Sqft., 2 Br. Apt.): $45, 600 Ann. (Available) Pro Forma Gross Income: $266, 400 Ann. Expenses: Gas & Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $7, 200 Ann. Insurance: $4, 638 Ann. Taxes: $56, 124 Ann. Total Expenses: $68, 212 Ann. Net Operating Income (NOI): $198, 188 Ann. (Pro Forma 10.71 Cap!!!)

More Property Details

Property Features

Lot Sq Ft: 5500   Approx. Int. Sq. Ft.: 14200.00   Stories: 3  

Financial

Taxes: $56,124  

Local Area Information

Zoning: Stores-Com   Block: 3341   Lot: 26  

Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
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