576 Southern Blvd - Apartments FOR SALE


Bronx, NY 10455- Woodstock
$2,400,000 USD
516-528-1531
576 Southern Blvd, Bronx, NY for Sale
$2,400,000 USD
Apartments - FOR SALE
1/2
null | 7.93% Cap Rate

576 Southern Blvd
Bronx, NY 10455
Woodstock


HIGHLIGHTS

  • HEAVY TRAFFIC
  • CONSISTENT RENT ROLL
  • GREAT INVESTMENT

OVERVIEW

PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. TWO STOREFRONTS ON THE FIRST FLOOR, CURRENTLY OPERATING AS A BAR AND A BEAUTY SALON. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND LOCAL AMENITIES. DON'T MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US AT BROKER@DACPROPERTIES.COM (516-378-8888) FOR FINANCIALS, RENT ROLL, OR TO SCHEDULE A TOUR!

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

19

PRICE/UNIT

$126,316

CAP RATE

7.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,530 SF

ZONING

R7-1/C1-4

APN/PARCEL ID

02603-0017

ASK ABOUT THIS PROPERTY

Damien ColemanDac Properties CorpMore Info
516-528-1531

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Damien ColemanDac Properties CorpMore Info
516-528-1531

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