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288 E 169th St, Bronx, NY 10456

$ 3,100,000

288 E 169th St,

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Property Id : 21389
Price: $ 3,100,000
Rooms: 26
Bedrooms: 16
Bathrooms: 8
Structure Type: Brick
Floors No: 5

About this property

New Construction High CAP Bronx Investment Property for Sale.

Completed CFO in 2018.
The building is located adjacent to a tree lined block filled with townhouses. This development includes luxury style apartments in an up and coming neighborhood.
The building has 7 residential and 3 commercial units.
All tenants pay for their own gas and electric. They have tankless boilers inside every apartment. Very energy efficient building.
Commercial Units have a 10 Year Lease.
Total Income from these residential & commercial units is $278,400.
The local transportation includes B/D/4 train and BX32 bus.
Walk up building. This will go fast.

Income: $278,400
Expenses: $78,260
NOI: $200,140

Lot: 25 x 95 ft
Bld: 25 x 95 ft
FAR 3.44; MAX FAR: 4.8
Yearly Taxes: $59,100
Zoning: R7-1, C2-4

Send your offers! This is a great CAP play on a brand-new building! OM is available upon request.

Amenities and Features

hardwood floors
stainless steel appliances

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