A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern
construction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.
13,756 Sq Ft
4,800 Sq Ft Losgröße
kommerziell
576 $ Monatliche Steuer
Integriert 2012
MLS/Listing-ID 1007169
20 Geschichten
20 Einheiten
Public Water
Public Sewer
Parken – Auffahrt
Heating - Baseboard
Cooling - Wall/window unit(s)
Construction - Brick
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