1153 Boston Rd

16 Unit Apartment Building $2,100,000 ($131,250/Unit) 6.32% Cap Rate Bronx, NY 10456

INVESTMENT HIGHLIGHTS

  • Recently renovated building
  • Asking 7.9x gross rent multiple
  • 16 Multifamily Units

EXECUTIVE SUMMARY

16 unit building that was recently renovated following a fire. Building has been put up to code and will be delivered with very strong collections.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $2,100,000
Price Per Unit $131,250
Sale Type Investment
Cap Rate 6.32%
Gross Rent Multiplier 7.9
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.08 AC
Building Size 12,835 SF
Average Occupancy 100%
No. Stories 5
Year Built 1900

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - -
2+1 14 - -
Walk Score®
Very Walkable (86)
Transit Score®
Rider's Paradise (98)
Bike Score®
Very Bikeable (72)

PROPERTY TAXES

ZONING

Zoning Code R6, C1-4
  • Listing ID: 34617629

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 1153 Boston Rd, Bronx, NY 10456