1115 Intervale Ave - Apartments FOR SALE


Bronx, NY 10459- Foxhurst
$5,226,000 USD
917-204-2682
1115 Intervale Ave, Bronx, NY for Sale
$5,226,000 USD
Apartments - FOR SALE
1/2
null | 2.47% Cap Rate

1115 Intervale Ave
Bronx, NY 10459
Foxhurst


OVERVIEW

A (8) story elevator tax-credit building with an affordability component consisting of 48 apartments. There is upside at Intervale because when vacancies come up, the new owner could put in program tenants as long as they are 55 or over. • 2015 Construction • Tax Credit Deal • 55 and older senior housing. • Tremendous Existing Loan must be assumed.

FOR SALE DETAILS

PRICE

$5,226,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

48

PRICE/UNIT

$108,875

CAP RATE

2.47%

% LEASED

29%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tax Credit / Affordable/ Senior

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2015

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,043 SF

ZONING

R7-1

APN/PARCEL ID

02692-0068

ASK ABOUT THIS PROPERTY

Mike KerwinRosewood Realty GroupMore Info
917-204-2682

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Mike KerwinRosewood Realty GroupMore Info
917-204-2682

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