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$4000000 PRIME NORTH BRONX/39-UNITS WALKUP APT BLDG (EAST GUN HILL ROAD)


Reply to: divinerealtyac@aol.com
Date: 2008-05-12, 12:14AM EDT



5-Story walkup apartment building with 39 apartments. This property was built
in 1926 and has approx 37,000 SF GLA. SIZE:75'X 103.42' BUILT:75'X 89'
LAYOUT: 10/ 4's, 22/ 3's & 7/ 2's TOTAL APTS: 39 ROOMS: 120
ASSESSMENT: $324,00(07/08) ZONING:R7-1 FAR: 3.44 1st Mortgage:Delivered free and clear INCOME: $394,350 EXPENSES: $158,900 NET PROFIT: $235,450
This property is close to Mosholu Golf Course,Van Courtlandt Park and
Montefiore Hospital,Close to transportation and shopping.
Average Rent/Unit $843.00 Average Rent/Room $274.00 Price Per SF $108/PSF
GRM 10/ Rent Roll attached 8 Section 8 tenants, 1 Senior Citizen and 30 Stablized. Very clean building new entrance doors, new mail boxes, new roof and
all brass plumbing. VIOLATIONS: 24 old violations on record: 4 A'S, 17 B'S &
3 C'S Call Alfredo Claudio at 347-538-6112, PRINCIPALS ONLY ! NO BROKERS !
Upon Request(Seller's confidentiality MUST be signed by the Purchaser)
DIVINE & DIVINE ASSOCIATES REALTY



PostingID: 677088148



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