536 East 138Th Street - Apartments FOR SALE


New York, NY 10454
$1,799,000 USD
718-300-4747
536 East 138Th Street, New York, NY for Sale
$1,799,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

536 East 138Th Street
New York, NY 10454


OVERVIEW

Prime Mixed - Use Investment Opportunity - Mott Haven, Bronx. Welcome to 536 E 138th St. this solid mix-used building is great for investors and owner-operators alike, combining a a fully operational commercial space with strong residential income potential. The ground floor features a fully functional restaurant and finish basement ideal for refrigerator and walk-in storage, making it perfect for continued food and beverage use. Above are eight 3- bedroom, living room and 1-bath apartments. This property is built for performance and efficiency with: 11 gas meters and 9 electrical brakers, 1 gas boiler, 2 hot water tanks (2&6yrs old) Roof is 4/5yrs old, back-flow system. 100 brick and stucco. The property benefits from high visibility strong foot and vehicle traffic, and is conventionally located near major highways, retail stores, and public transportation making it ideal for both commercials success and residential convenience. Whether you're looking to expand your portfolio or own a cash-flowing asset in a prime. Bronx location this property delivers on all fronts.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$720 USD /SF

# OF UNITS

8

PRICE/UNIT

$224,875

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

536 East 138th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

02265-0039

ASK ABOUT THIS PROPERTY

Shivanie PatinoDouglas EllimanMore Info
718-300-4747

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Shivanie PatinoDouglas EllimanMore Info
718-300-4747

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