2430 Lyvere St - Apartments FOR SALE


Bronx, NY 10461- Westchester Square
$2,700,000 USD
914-906-6754
2430 Lyvere St, Bronx, NY for Sale
$2,700,000 USD
Apartments - FOR SALE
1/13
null | 5.94% Cap Rate

2430 Lyvere St
Bronx, NY 10461
Westchester Square


HIGHLIGHTS

  • The property features an ideal unit mix with additional income from 8 gated parking spaces.
  • Value-add opportunity exists thanks to a room on the ground floor which can be utilized for a variety of different purposes.
  • The property is subject to a tax abatement through June 2027.

OVERVIEW

Welcome to 2430 Lyvere Street! This 3-story brick building consists of 4-studios, 6-one bedrooms and 3-two bedrooms. This property is located in the vicinity of Montefiore-Albert Einstein medical center and Westchester Square and is also in close proximity to train and bus transportation. The tenants pay utilities including heating, which is supplied thru hotel style units. The current rent roll is $229,000 including 8 gated parking spaces renting for $150 each. The $68,531 expenses include taxes, water, electricity and insurance. This is a block and brick structure built in 2012. It offers state of the art intercom, security and fire prevention as well as two steel stairwells. There is an room on the ground floor that can possibly house a laundry facility, storage area or an on-site superintendent's office. There is currently a property tax abatement through June, 2027. This is your opportunity to create wealth and invest in your future. This property will not last, call us today!

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

13

PRICE/UNIT

$207,692

CAP RATE

5.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2012

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R6

APN/PARCEL ID

03997-0023

ASK ABOUT THIS PROPERTY

P. Anthony MarcianoCentury 21 MarcianoMore Info
914-906-6754

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P. Anthony MarcianoCentury 21 MarcianoMore Info
914-906-6754

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