3x 3 New Construction 3 family Homes Multi-Family FOR SALE


Bronx, NY - Soundview
$3,895,000 USD
516-492-3118
, Bronx, NY for Sale
$3,895,000 USD
Multi-Family - FOR SALE
1/1
null | 2.39% Cap Rate

3x 3 New Construction 3 family Homes
Bronx, NY
Soundview


HIGHLIGHTS

  • Easily rented
  • Bright Street
  • All 3 properties on the same street- easy for maintenance. New Brick Construction.

OVERVIEW

Serious Investors only - We're looking for a quick sale. Proof of Funds is required. For Sale By Owner - Three buildings, sold separately or together. Three x - 3 family buildings on the same street in Soundview Bronx. All Free Market rents, all updated. All built in 2006. Tenants pay their own utilities. I just put in 3 new boilers. :-) Accepting all offers -since i'm moving to Florida in the Spring. Tenants pay their own Heat and Hot water, they have their own boilers and hot water heaters. All 3 buildings are on Elder Ave. (makes it very easy for maintenance) all right off the Bruckner Expressway- Nice Brightly lit street, rents very very easy. All 3 buildings have a 2 bedroom and garage on the first level and then 2 more 3 bedroom units above making a total of 9 units total plus 3 garages. Garages + driveway rent for $450 per month - easily. All 3 buildings were built in 2006. I paid about $650,000 back in 2007. Some Units are rented for $3000, $2850, etc. - some are vacant, some are about to be vacant (I'm helping / paying 3 tenants to move out over the next 60 days) No contract flippers. These apartments typically rent for $3000 each (we have tenants paying that) plus $450 for the garage makes it $113,400 gross per year per building. Deduct expenses - $8000 taxes, $6000 Insurance. $5000 water. Net should be $94,400.00 net, $90K at a 5 cap is $1.8m I'll be posting all 9 units rents, vacancies, expected vacancies, etc.

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Jerry AharonyMallcomMore Info
516-492-3118

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Jerry AharonyMallcomMore Info
516-492-3118

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