2310 Creston Ave - Apartments FOR SALE


Bronx, NY 10468- Fordham Heights
$2,900,000 USD
914-670-7065
2310 Creston Ave, Bronx, NY for Sale
$2,900,000 USD
Apartments - FOR SALE
1/41
null | 8.13% Cap Rate

2310 Creston Ave
Bronx, NY 10468
Fordham Heights


HIGHLIGHTS

  • Family Owned for over 40 Years
  • $78K Per Unit
  • 8.13% Cap Rate
  • 5.22 Gross Rent Multiple

OVERVIEW

NuRealty Advisors Inc. is proud to present the exclusive listing of 2310 Creston Avenue, Bronx, NY 10468. Family-owned and operated for over 40 years, 2310 Creston Avenue is a well-maintained brick multifamily building located in a desirable residential neighborhood of the Bronx. The property features spacious apartment layouts, solid brick construction, and convenient access to NYC subway transportation. The building has benefited from recent improvements, including the installation of new gas lines, noting no further CapEx required. Priced at $78K Per Unit, Gross Rent Multiple of 5.22 and a 8.13% Cap Rate. A rare opportunity with these matrix! Unit Mix • 1 - Studio • 30 - One-Bedroom Units • 6 - Two-Bedroom Units ________________________________________ Offering Price • $2,900,000 • $78K Per Unit • 5.22 Rent Gross Multiple • 8.13% Cap Rate ________________________________________

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

37

PRICE/UNIT

$78,378

CAP RATE

8.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

37 Units | $78K Per Unit | 8% Cap Rate |

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

R8

APN/PARCEL ID

03164-0005

ASK ABOUT THIS PROPERTY

Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

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Michael NukhoNuRealty Advisors, Inc.More Info
914-670-7065

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