Calling All Investors, Developers & End-Users!!! 8.46 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8' Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, 4 Stories, 3 Phase Power All New LED Lighting, A/C, +++!!! The Property Is Located IN the Heart Of The Bronx Between I-278 & The Grand Concourse!!! The Building Is Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!! This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!! Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin', Montefiore Medical Center, Saint Barnabas Hospital. H & R Block, Total Wireless, McDonald's, Taco Bell, Domino's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!! Income: Unit 1A: $26,472 Ann.Unit 1R: $27,336 Ann.Unit 2A: $27,336 Ann.Unit 2B: $25,896 Ann.Unit 2C: $26,940 Ann.Unit 3A: $25,896 Ann.Unit 3B: $25,920 Ann.Unit 3C: $27,300 Ann.Unit 4A: $29,400 Ann.Unit 4B: $26,940 Ann.Gross Income: $269,439 Ann. Expenses: Electric: $2,403 Ann. Insurance: $6,250 Ann. Water & Sewer: $3,200 Ann.Internet: $1,080 Ann. Taxes: $3,600 Ann. Total Expenses: $16,533 Ann. Net Operating Income (NOI): $252,906 Ann. (8.46% Cap!!!)
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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2097 Davidson Avenue | MLS# 1022442
This commercial property located at 2097 Davidson Avenue, Bronx, NY 10453 is currently listed for sale with an asking price of $2,988,000. Davidson Avenue is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.