253 E Kingsbridge Road, Bronx, New York 10458
11 Unit Pre-war Apartment Building- E Kingsbridge
Map Content
Location Description
Blocks away from the City line
x
Property Description
A Five Story Pre-War Walk-up Apartment Building Containing 11 Rent Stabilized Apartments, in 15,648 Total Usable Square Feet. Property is located in the heart of major retail shopping area in the Fordham/East Kingsbridge section of the Bronx and is approximately 30 minutes from NYC. Built 1913.
Property Details
| Price: | 2200000 |
| No. Units: | 11 |
| Building Size: | 3875 SF |
| Price/Unit: | $108,333.33 |
| Property Type: | Multi-Family |
| Property Sub-type: | Garden/Low-Rise |
| Property Use Type: | Investment |
| Cap Rate: | 0.06449227272727273% |
| Gross Rent Multiplier: | 7.592385527532751 |
| Occupancy: | 100% |
| No. Stories: | 5 |
| Year Built: | 1913 |
| Lot Size: | 3875 SF |
Units
Unit Mix
| Description | No. Units | Avg. Mo. Rent |
| 4 Bedroom | 11 | |
Financial Summary
| Scheduled Gross Income | $289764 |
| Effective Gross Income | $275276 |
| Operating Expenses | $133393 |
| Net Operating Income | $141883 |
Debt & Equity Information
Major Tenants
| Tenant | SF Occupied | Lease Expired |