25 beds | 15 baths | 0.07 acres | #H6195399
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Description
A/O.. Contract out. Huge Price drop!!! Offers needed ASAP. Gigantic edifice brick 10-family income producing Brownstone located in a nice residential block in the Williamsbridge section of the Bronx, New York City. The property boasts 5 (three-bedroom apartments) and 5 (two-bedroom apartments), all laid out sequentially. It is well maintained and has a brand-new Giant heating system and brand-new electrical wiring and plumbing. Centrally located in a prime location with proximity to all public transportation systems, less than one block from NYC #5&2 trains, shopping is a breeze as it's lined with 24 hrs coffee shops and stores only one block away on the historic White Plains Road shopping district. Current monthly income is $11,428.67; Yearly Income is $137,144.04. Total Annual Expenses are $49,425. NOI (Net Operating Income) = $87,719.04. All apartments will face a 5% rental increase from August, thereby increasing the CAP RATE. Only two tenants are on Programs while the rest are Cash paying tenants. All units and hallways are recently painted plus recently paved fenced-in yard space and a bonus detached storage at the rear of the property, loaded with maintenance equipment and materials.
Interior Details
Interior Features
- Interior:Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, High Speed Internet, Storage
Heating & Cooling
- Heating:Natural Gas, Hot Water
Beds & Baths
- Bedrooms:25
- Bathrooms:15
- Full Baths:15
Property Details
Property
- View:Panoramic
- Lot description:Stone/Brick Wall, Near Public Transit
Measurements
- Acres:0.07
Parking
- Parking features:On Street
Construction Details
Type & Style
- Property type:Multi-Family
- Basement:1
Condition
- Year built:1928
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
Community and Neighborhood Details
Community
- Senior Community:1
- Community features:Park, Near Public Transportation
Location
- School district:City of New York
- Elementary School:Call Listing Agent
- Middle School:Call Listing Agent
- High School:Call Listing Agent
- County:Bronx
Financial Details
Pricing Details
- Original List Price:$1, 449, 000
- Buying Agency Compensation:1.5%
- Taxes annual:$18, 425
Other
Source
- MLS #:H6195399
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Danny B. Agboh
Listing Office: Charles Rutenberg Realty, Inc.
Listing Courtesy (Buyer)
Buyer's Agent: Non Member-MLS
Buyer's Office: Non-Member MLS
Keller Williams LandmarkAsk Vinny Thompson team
