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1190 Commonwealth Ave
8 Unit Apartment Building $3,400,000 ($425,000/Unit) 5.82% Cap Rate Bronx, NY 10472
Investment Highlights
- Brand new development!!!
- Great location!!!
- Very nice and solid renovation!!!
Executive Summary
Data Room Click Here to Access
- Miscellaneous
Property Facts
| Price | $3,400,000 | Apartment Style | Mid Rise |
| Price Per Unit | $425,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.82% | Building Size | 10,818 SF |
| Gross Rent Multiplier | 18 | No. Stories | 4 |
| No. Units | 8 | Year Built | 2018 |
| Property Type | Multifamily | Parking Ratio | 0.55/1,000 SF |
| Property Subtype | Apartment |
| Price | $3,400,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| Gross Rent Multiplier | 18 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 10,818 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 0.55/1,000 SF |
Unit Amenities
- Air Conditioning
- Hardwood Floors
- High Speed Internet Access
About 1190 Commonwealth Ave , Bronx, NY 10472
New development. This newly built eight unit building in the Bronx, consists of 3 three-bedroom apartments, 5 two bedrooms. One of the two-bedroom apartments has its own spacious private terrace. Each unit has their own storage space in the cellar. The property has new plumbing, electrical work, a new 100% waterproof roof, central air & heat, fire sprinklers, cameras throughout, and a camera intercom system, which allows you to see the activity along the street. There are also parking spaces available. This is a great rental investment opportunity.
PROPERTY TAXES
| Parcel Number | 03752-0041 | Improvements Assessment | $300,428 |
| Land Assessment | $101,165 | Total Assessment | $401,593 |
PROPERTY TAXES
zoning
| Zoning Code | R5 (R5 districts allow a variety of housing at a higher density; typically produces 3&4 story attached houses and apartment houses.) |
| R5 (R5 districts allow a variety of housing at a higher density; typically produces 3&4 story attached houses and apartment houses.) |
-
Valon Nikci -
Link NY Realty
Presented by
1190 Commonwealth Ave
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