VACANT-CONVERT INTO 10-15 UNITS 1329 Findlay Ave 2 Unit Apartment Building $1,375,000 ($687,500/Unit) 8% Cap Rate Bronx, NY 10456
INVESTMENT HIGHLIGHTS
- Near Claremont Park
EXECUTIVE SUMMARY
This vacant property can be converted into 10-15 units. The neighbors have already converted their 2 families into 9-15 apartments.
The property is 24 x 68 ft
The lot is 30 x 100 ft.
2 Stories + Basement
R7-1 Zoning
Low taxes of $3,921
The property is 24 x 68 ft
The lot is 30 x 100 ft.
2 Stories + Basement
R7-1 Zoning
Low taxes of $3,921
PROPERTY FACTS
| Price | $1,375,000 |
| Price Per Unit | $687,500 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,720 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | R7-1 - R7 - Medium-density apartment house district with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
1 of 1
Walk Score®
Very Walkable (84)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
