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This Newly Constructed Conversion 10-unit Multifamily Property In The Bronx Which Is Fully Free Market Presents A Rare Opportunity To Acquire A Fully Stabilized, Turnkey Asset Built To Exceptional Standards. The Building Features A Highly Desirable Unit Mix Of 8 One-bedroom Units And 2 Studios, All Thoughtfully Designed With Modern Layouts And Premium Finishes. Every Unit Is Ada Compliant, Offering Long-term Accessibility And Broader Tenant Appeal, While The Property Benefits From All Final Sign-offs And A Newly Issued Certificate Of Occupancy—eliminating Any Development Risk And Allowing For Immediate Income Generation. Finished To An Extremely High Specification, The Building Delivers A Luxury Rental Experience That Supports Strong Rents And Consistent Demand. With Limited Expected Turnover And A Tenant Profile Aligned With Stability, This Asset Is Positioned To Operate As A Reliable, High-performing Cash-flow Investment. This Is An Ideal Opportunity For Investors Seeking A Low-maintenance, Income-producing Property In A Strong Rental Market With Long-term Upside. - 9 Cap At Occupacy - High End Finished Units - Ada Compliant
| Location/Town | New York |
| Area/County | Bronx |
| Post Office/Postal City | Bronx |
| Prop. Type | Single Family House for Sale |
| Tax | $13,255.00 |
| Year Built | 1933 |
| Basement | Finished |
| Construction | Brick |
| Total Units | 10 |
| Lot SqFt | 3,112 |
| Cooling | Electric |
| Heat Source | Electric |
| Util Incl | Electricity Connected |
| Condition | New Construction, Updated/Remo |
| Days On Market | 1 |
| Parking Features | On Street |
| Tax Assessed Value | 375300 |
| Units | 10 |
| Features | First floor bedroom, first floor full bath, built-in features, eat-in kitchen, entrance foyer |
| Listing information courtesy of: Renaissance Realty Cons Group | |