1096 Jackson Ave - Apartments FOR SALE


Bronx, NY 10456- Longwood
$1,350,000 USD
646-933-2615
1096 Jackson Ave, Bronx, NY for Sale
$1,350,000 USD
Apartments - FOR SALE
1/18
null | 7.13% Cap Rate

1096 Jackson Ave
Bronx, NY 10456
Longwood


OVERVIEW

Investment Property Realty Group (IPRG) is pleased to present 1096 Jackson Avenue—an exclusive opportunity to acquire a corner apartment building located in the Morrisania section of the Bronx. Situated at the intersection of East 166th Street and Jackson Avenue, this three-story property comprises four residential units, including three two-bedroom apartments (one configured as a duplex) and one three-bedroom unit. All apartments have been recently renovated, making this a turnkey investment. Notably, three out of the four units will be delivered vacant, allowing an investor to capture immediate rental upside. Originally built in 1905, the building measures 19.42 feet in width by 80 feet in depth, totaling approximately 4,695 square feet. Conveniently located within walking distance to the Melrose Metro-North Station, the property offers a commute of under 20 minutes to Grand Central Station.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

4

PRICE/UNIT

$337,500

CAP RATE

7.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,706 SF

ZONING

R6, C1-4

APN/PARCEL ID

02651-0001

ASK ABOUT THIS PROPERTY

Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

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Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.