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Investment opportunity is knocking!! Grab it today. 6 unit brownstone in a Fleetwood neighborhood in Grand concourse historic neighborhood of the Bronx! Own a piece of history today. Each apartment is good condition with one full bathroom. Because Zoning is R7 , there's an opportunity to build up many more stories on top of the existing property. Property taxes is $9954( Annually) , Water is $7000( Annually Approx.), heating is $8000 ( Annually Approx.) , Maintenance is $3000( Annually ) , while insurance is $4000( annually). Total expenses is $24954 ( annually ) while total annual income $94692( Annually) , NOI is $69,738( With an opportunity to increase) , and a cap rate of 7.3%. Check it out!!!PROPERTY FEATURES
Water Source :
Public
Parking Features:
Driveway
Heating :
Oil
Interior Features:
Master Downstairs
Basement :
Finished
PROPERTY DETAILS
Street Address: 1040 Clay Avenue
City: Bronx
State: New York
Postal Code: 10456
County: Bronx
MLS Number: ONEH6265816
Year Built: 1899
Courtesy of Charles Rutenberg Realty, Inc.
City: Bronx
State: New York
Postal Code: 10456
County: Bronx
MLS Number: ONEH6265816
Year Built: 1899
Courtesy of Charles Rutenberg Realty, Inc.
Courtesy of Douglas Elliman Real Estate
