718-896-0777 info@realtydepotny.com
logo
  • Home
  • Listings
    • Our Listings
    • Our Rentals
    • Search Properties
    • Open Houses
    • Sold Properties
    • Rented Listings
    • List With Realty Depot
  • About Us...
    • About Us
    • Our Agents
    • Customer Testimonials
    • List With Realty Depot
    • Our Blog
    • Contact Us
  • Fair Housing Notice
  • Standardized Operating Procedure

Single Family House for Sale in Bronx, New York, Bronx, NY 10466 | Web ID: 968735 | $1,400,000

854 E 229th Street , Bronx , NY 10466

 
Single Family in New York - E 229th Street  Bronx, NY 10466Single Family E 229th Street  Bronx, NY 10466, MLS-968735-2Single Family E 229th Street  Bronx, NY 10466, MLS-968735-3Single Family E 229th Street  Bronx, NY 10466, MLS-968735-4Single Family E 229th Street  Bronx, NY 10466, MLS-968735-5Single Family E 229th Street  Bronx, NY 10466, MLS-968735-6Single Family E 229th Street  Bronx, NY 10466, MLS-968735-7Single Family E 229th Street  Bronx, NY 10466, MLS-968735-8Single Family E 229th Street  Bronx, NY 10466, MLS-968735-9Single Family E 229th Street  Bronx, NY 10466, MLS-968735-10Single Family E 229th Street  Bronx, NY 10466, MLS-968735-11Single Family E 229th Street  Bronx, NY 10466, MLS-968735-12Single Family E 229th Street  Bronx, NY 10466, MLS-968735-13Single Family E 229th Street  Bronx, NY 10466, MLS-968735-14
 

Property Description

Double-track Value: Keep The Existing Cash-flowing 3-family While Planning And Building A Second 3-family On The Same Lot, Creating Two Revenue Streams And Maximizing Far For The Parcel. Immediate Income + Upside: Existing Tenants Provide Instant Noi While A New Build Captures Additional Long-term Rental Revenue Or A Quick Value-add Resale. - Scarce Garage Supply: Four Private Garages Significantly Boost Unit Desirability And Rent Premiums In The Borough Where Off-street Parking Is Rare. Economies Of Scale: Shared Lot Reduces Acquisition Costs Per Unit Compared With Buying Separate Properties; Development Costs Concentrated On One Parcel. Strong Roi Potential: Below-market Asking Price For Combined Lot And Build Potential In R4 Zoning Presents Clear Opportunity For Unit Count Expansion, Rent Growth After Renovation, Or A 2-property Sale Strategy. Flexible Exit Strategies: Hold For Stabilized Cash Flow, Renovate And Increase Rents, Or Develop And Sell The New 3-family Separately Or As A Package. A Premier Investment Opportunity Regarding A Legal Three-family Brick Home Situated On A Spacious Lot. This Property Is Ideally Configured With A Versatile Layout Featuring 4 Bedrooms Over 3 Bedrooms Over 2 Bedrooms, Making It An Excellent Addition To Any Real Estate Portfolio. The Home Is Well-equipped For Multi-family Management, Featuring Three Boilers, Four Electric Meters, And Three Gas Meters. Additionally, The Property Offers Exceptional Parking And Storage Solutions, Including Garages, A Private Driveway. Two Tenants' Units Occupied. Monthly Rent: $3, 606.00 Each, And The 2 Beds Units Is Vacant. Property Could Be Delivery Vacant. Conveniently Located Just Minutes From The 233rd Street Mta Station, The Property Provides Easy Access To Major Highways, Buses, Schools, And Local Shops.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $9,141.00
Bedrooms 9
Total Baths 3
Full Baths 3
Year Built 1910
Construction Brick
Total Units 3
Cooling None
Heat Source Natural Gas
Util Incl Electricity Connected
Days On Market 131
Parking Features Driveway
Tax Assessed Value 65640
Units 3
Features High ceilings
Listing information courtesy of: Keller Williams Realty NYC Grp

RealtyDepotNY

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

 

 

View This Property on the Map

MORTGAGE CALCULATOR

Property Value
Downpayment
Loan Amount
Number of Years
Interest Rate
Annual Taxes
Annual Insurance
Mortgage:
Total Payment:
Note: web mortgage-calculator is a sample only; for actual mortgage calculation contact your mortgageg provider
footer-logo

Contact Us

Please feel free to contact us with any questions, or concens.  We are happy to answer any questions that you may have...

  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

Links

  • Home
  • Our Listings
  • Our Rentals
  • Search Properties
  • Open Houses
  • Sold Properties
  • Rented Listings
  • About Us
  • Blog
  • List With Realty Depot
  • Our Agents
  • Testimonials
  • Contact Us

Featured Listings