







Blocks away from the City line
Property Description
Subject Property is a Six-story Mid-Rise Masonry Elevator Apartment Building with 25 Large Apartments consisting of Six (1) Bedroom, Eighteen (2) Bedroom Residential Apartments, plus One (3) Bedroom Basement Apartment. 95 Rooms Total. Gross total floor area of 19,158 Square foot. Property was Built in 1937 and is Located in the Mount Hope Section of the Bronx.
Property Details
Price: | 5000000 |
No. Units: | 25 |
Building Size: | 4750 SF |
Price/Unit: | $108,333.33 |
Property Type: | Multi-Family |
Property Sub-type: | Garden/Low-Rise |
Property Use Type: | Investment |
Cap Rate: | % |
Gross Rent Multiplier: | |
Occupancy: | 97% |
No. Stories: | 4 |
Year Built: | |
Lot Size: | 4750 SF |
Units
Unit Mix
Description | No. Units | Avg. Mo. Rent |
1 Bedroom | 6 | |
2 Bedroom | 18 | |
3 Bedroom | 1 | |
Financial Summary
Scheduled Gross Income | $424815 |
Effective Gross Income | $424815 |
Operating Expenses | $184483 |
Net Operating Income | $240332 |
Debt & Equity Information
Major Tenants
Tenant | SF Occupied | Lease Expired |