2015 Arthur Avenue, Bronx, New York 10457
Ultra High 9% to 162% ROE- 2015 Arthur Avenue, Little Italy Bronx, NY

Property Description

A Three-story 3,547 Square foot brick walk-up apartment building with Two 3 Bedroom and One 2 Bedroom Residential Apartments, plus 980sf below grade full basement with 2 piece bathroom. Each of the 3 Bedroom unit has a Balcony. Gross total floor area of 4,527 Square foot and 8,077 Maximum potential buildable square feet.

Property Details

No. Units:3
Building Size:2348 SF
Property Type:Multi-Family
Property Sub-type:Garden/Low-Rise
Property Use Type:Investment
Cap Rate:6.1%
Gross Rent Multiplier:14
No. Stories:3
Year Built:2007
Lot Size:2348 SF


Unit Mix

DescriptionNo. UnitsAvg. Mo. Rent
2 Bedroom1
3 Bedroom2

Financial Summary

Scheduled Gross Income$68400
Effective Gross Income$68400
Operating Expenses$10385
Net Operating Income$58015

Debt & Equity Information

Major Tenants

TenantSF OccupiedLease Expired