4279 Katonah Ave

Location, Location, Location!!! Terrific opportunity to own a great Commercial property in the heart of Woodlawn Heights section of the Bronx. This Detached Brick Mixed-use building consists of over 4000 square feet of living space. The main Floor is a Commercial tenant- (Bar owner- which is NOT included in the Sale. Current Bar lease expires in 10years). The 2nd and 3rd floor consists of a total of (4)- 1 Bedroom apartments. Each apartment pays its own Electric and Gas. (No Leases). The building has great potential and even better upside to maximize rents. Some upgrades over the years include Ductless Split unit system along with a New Gas Boiler and all New electric service into the building. This building is centrally located to Metro North Train, Buses, Shopping centers, parks and 25 min to NYC. Property Taxes of $33k can be grieved as well. ***(The building must be purchased with all 4 Tenants in place, Sellers are not asking anyone to Vacate. There are no Leases. The yearly income is $106,800)***