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$2,200,000 11-UNIT PRE-WAR MULTIFAMILY (New York)

FOR SALE: 11-UNIT PRE-WAR MULTIFAMILY BUILDING Fordham/East Kingsbridge, Bronx

Asking Price: $2,200,000 All Cash

Annual Rental Income: $289,764

Estimated Expenses: $133,393

NOI: $141,883

Cap Rate: 6.45%

GRM: 7.59x

*Note: Real Estate taxes are being disputed. (Currently $68,000)

Building Size: 18,058 Square Foot

Lot Size: 3,875 Square Foot



Description: A Five Story Pre-War Walk-up Apartment Building Containing 11 Rent Stabilized Apartments, in 15,648 Total Usable Square Feet. Property is located in the heart of a major retail shopping area in the Fordham/East Kingsbridge section of the Bronx and is approximately 30 minutes from NYC.

Layout: 11(4 Bedrooms) =11 Apartments Containing 66 Total Rooms

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post id: 7757917092

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