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Commercial Sale in Bronx, New York, Bronx, NY 10466 | Web ID: 1008785 | $5,500,000

674 E 232nd Street , Bronx , NY 10466

 
Commercial Sale in New York - E 232nd Street  Bronx, NY 10466Commercial Sale E 232nd Street  Bronx, NY 10466, MLS-1008785-2
 

Property Description

Marilyn's Place (674 & 676 & 678 East 232nd Street) Where The Numbers Do The Talking. This Is The Deal You've Been Underwriting In Your Head. The One Where The Expenses Are Real, The Financing Is Already Done, And The Income Holds. This Isn't A Value Add Pitch Dressed Up With Potential. It's A Fully Operational, 30 Unit, 3 Building Portfolio That Walks In The Door With Every Major Advantage Stacked In Your Favor. The Mortgage? Assumable. In A Market Where Financing Is The First Obstacle, This Property Hands You A Solution Before You Even Ask The Question. Taxes? Abated. Your Bottom Line Is Protected From Day One. Water & Electric (common Area)? Landlord-paid. Tenants Stay. Vacancies Shrink. Noi Holds. Expenses? Extremely Low. This Isn't Marketing Language It's The Actual Operating Profile Of A 2011-built Property That Was Designed And Managed To Perform. 30 Apartments. 3 Buildings. One Rare Opportunity To Acquire A Stabilized Bronx Multifamily Asset Where The Cash Flow Story Doesn't Require Imagination It Requires A Calculator. You Won't Need A Second Showing. It Will Need A Best Offer.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Commercial Sale
Tax $2,674.00
Year Built 2011
Basement Common
Construction Brick
Total Units 30
Lot SqFt 10,335
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Days On Market 1
Parking Features None
Tax Assessed Value 611100
Tax Lot 81 & 83
Units 30
School District Contact Agent
Middle School Call Listing Agent
Elementary School Contact Agent
High School Contact Agent
Listing information courtesy of: At Home With Yara Realty

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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