Calling All Investors, Developers & End-Users!!! 9.08 Cap 8 Unit Bronx Apartment Building For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 9' Ceilings, (6) 3 Br. Apartments, (2) 4 Br. Apartments, 4 Stories, Basement, Large Rear Yard, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Longwood Just Off Prospect Ave. Near I-278 (Bruckner Expy.)!!! Neighbors Include Amazon, Verizon, T-Mobile, AT&T, Optimum, Frito Lay, Planet Fitness, Dunkin', Marshall's, Burlington, GNC, NY Expo Center, Dollar Tree, Five Below, Family Dollar, Boost Mobile, McDonald's, White Castle, Popeye's Louisiana Kitchen, Little Caesar's Pizza, Aldi, KFC, +++!!! The Property Has An Assumable Mortgage At 3.75%!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Unit 1 (3 Br. Apt.): $19,800 Ann.; Lease Exp.: 1/31/26.Unit 2 (3 Br. Apt.): $21,155.16 Ann. Lease Exp.: 7/31/27.Unit 3 (3 Br. Apt.): $22,734 Ann.; Lease Exp.: 4/30/27.Unit 4 (4 Br. Apt.): $21,483.60 Ann.; Lease Exp.: 7/31/27.Unit 5 (3 Br. Apt.): $23,997 Ann.; Lease Exp.: 6/30/27. Unit 6 (3 Br. Apt.): $20,944.44 Ann.; Lease Exp.: 8/31/26. Unit 7 (3 Br. Apt.): $20,760.84 Ann.; Lease Exp.: 7/31/27. Unit 8 (4 Br. Apt.): $22,876.08 Ann.; Lease Exp.: 9/14/27. Gross Income: $173,751.12 Ann.Expenses:Oil: $7,400 Ann.Electric: $1,300 Ann. (Common Areas Only) Maintenance & Repairs: $4,000 Ann.Insurance: $9,000 Ann.Water & Sewer: $10,280.84 Ann.Taxes: $15,727 Ann.Total Expenses: $47,707.84 Ann. Net Operating Income (NOI): $126,043.28 Ann. (9.08% Cap!!!)Reply, Reply All or Forward
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.
919 Avenue Saint John | MLS# 979694
This commercial property located at 919 Avenue Saint John, Bronx, NY 10455 is currently listed for sale with an asking price of $1,388,000. Search Bronx real estate on www.coldwellbankerchoice.com today.