27 Buchanan Pl - Apartments FOR SALE


Bronx, NY 10453- University Heights
$7,500,000 USD
347-241-9818
27 Buchanan Pl, Bronx, NY for Sale
$7,500,000 USD
Apartments - FOR SALE
1/67
null | 8% Cap Rate

27 Buchanan Pl
Bronx, NY 10453
University Heights


OVERVIEW

RARE FIND 7 Story, Mixed-use new construction building! - 25 Residential Units (8 Studios, 10 One Bedrooms, 7 Two Bedrooms) – 1 Commercial Unit – 9 Parking Spaces. Real Estate Tax: $940/ Yr due to 421a Tax Abatement, (30 years remaining) Elevator, shared laundry, bike storage, security cameras, on-site super, new appliances, accessible entrance, parking. 100% Occupancy. 18,240 sq ft, Block & lot: 03196-0066 Zoning: R7-1 Built in 2020 Total Income (Yr): $668K with rent increases each year! CAP Rate: 8% PROPERTY CAN BE SOLD AS A PACKAGE DEAL WITH ANOTHER PROPERTY IN THE BRONX. Seller has an ASSUMABLE LOAN of 2.7M loan at 3.57% with 10 years remaining! Please inquire for a detailed set-up

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$411 USD /SF

# OF UNITS

25

PRICE/UNIT

$300,000

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,019 SF

ZONING

R7-1

APN/PARCEL ID

03196-0066

ASK ABOUT THIS PROPERTY

Alina RockmanRockman Realty LLCMore Info
347-241-9818

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Alina RockmanRockman Realty LLCMore Info
347-241-9818

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