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Commercial Sale in Bronx, New York, Bronx, NY 10469 | Web ID: L3593290 | $10,800,000

 
Commercial Sale in New York - Mickle  Bronx, NY 10469Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-2Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-3Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-4Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-5Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-6Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-7Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-8Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-9Commercial Sale Mickle  Bronx, NY 10469, MLS-L3593290-10
 

Property Description

Prime 28-unit Investment Opportunity In Williamsbridge, Bronx Located In The Sought-after Williamsbridge Section Of The Bronx, This Exceptional 28-unit Property Offers Strong Cash Flow, Modern Amenities, And Long-term Upside. Benefiting From A 421a Tax Abatement, This Income-producing Asset Is Ideal For Savvy Investors Or A 1031 Exchange. All Units Are Fully Electric—no Gas—with Tenants Responsible For All Utilities, Minimizing Operating Costs. Each Unit Is Equipped With Individual Hot Water Tanks (28 Total), Stainless Steel Appliances, And Efficient Mitsubishi Split-unit Heating & Cooling Systems. A Studio Super’s Unit Is Also Included. Additional Features Include: Digital Video Intercoms In Each Unit Interior & Exterior Surveillance Cameras 24 Outdoor Parking Spaces Low Operating Expenses Noi: $705, 068 | Net Cap Rate: 6.1% This Is A Turn-key Asset In A Thriving Bronx Neighborhood—perfect For Portfolio Expansion With Minimal Management Headaches.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Commercial Sale
Tax $3,698.00
# Stories 4
Year Built 2018
Total Units 28
Lot SqFt 17,000
Heat Source Electric, ENERGY STA
Days On Market 336
Window Features ENERGY STAR Qualified Windows, Insulated Windows
Tax Lot 24
Units 28
Features Smart thermostat
Listing information courtesy of: Blue Key Real Estate Brokerage

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