Property Details

Overview

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

Key Facts

•SqFt: 4320.00
•Lot Size: 0.0591
•Lot Sq Ft: 2574
•Taxes: $15,296
•Sale or Rent: Sale
•School District#: 999
•School District: Bronx

Additional Features

•Parking Facilities: None

Interior & Utilities

•Heat: Natural Gas, Radiant
•A/C: Wall/Window Unit(s)
•Water: Public
•Sewer: Public Sewer

Financial

•Taxes: $15,296

Listing Information provided courtesy of Keller Williams Realty NYC Grp 718-697-6800

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS