2015 Arthur Avenue, Bronx, New York 10457
Ultra High 9% to 162% ROE- 2015 Arthur Avenue, Little Italy Bronx, NY
Map Content
Location Description
Blocks away from the City line
x
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
| Price: | 958888 |
| No. Units: | 3 |
| Building Size: | 2348 SF |
| Price/Unit: | $108,333.33 |
| Property Type: | Multi-Family |
| Property Sub-type: | Garden/Low-Rise |
| Property Use Type: | Investment |
| Cap Rate: | 6.1% |
| Gross Rent Multiplier: | 14 |
| Occupancy: | 100% |
| No. Stories: | 3 |
| Year Built: | 2007 |
| Lot Size: | 2348 SF |
Units
Unit Mix
| Description | No. Units | Avg. Mo. Rent |
| 2 Bedroom | 1 | |
| 3 Bedroom | 2 | |
Financial Summary
| Scheduled Gross Income | $68400 |
| Effective Gross Income | $68400 |
| Operating Expenses | $10385 |
| Net Operating Income | $58015 |
Debt & Equity Information
Major Tenants
| Tenant | SF Occupied | Lease Expired |