261 Alexander Ave - Apartments FOR SALE
Bronx, NY 10454 |
261 Alexander Ave
Bronx, NY 10454
HIGHLIGHTS
- 261 Alexander Avenue comprises 1 two-bedroom apartment and 9 three-bedroom apartments. The property is a 5-story building and is not subject to LL11.
- Asking 9.0% Cap Rate or 7.2x GRM.
- Under Section-8 rental guidelines, a Pro-Forma cap Rate equates to approximately 14.5%
- 261 Alexander Avenue is a tax class 2B asset, with tax liability capped at 8% per year or 30% over 5 years.
FOR SALE DETAILS
PRICE
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# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9105
STORIES
5
YEAR BUILT
1905
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
02314-0029
