2245 Creston Ave
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2245 Creston Ave
16 Unit Apartment Building $3,800,000 ($237,500/Unit) 8% Cap Rate Bronx, NY 10453
Executive Summary
Newly listed, 35-year tax abatement starting in 2021, good investment opportunity, 16 residential apartments (6 one-bed apartments, 10 studios) plus one commercial office, fully occupied, annual rent is $342,000.
Contact agent Jenny Lin (917)684-8981 within 48 hours for a showing. Please email proof of funds to listing agent before scheduling a showing. All info deemed reliable but not guaranteed
Contact agent Jenny Lin (917)684-8981 within 48 hours for a showing. Please email proof of funds to listing agent before scheduling a showing. All info deemed reliable but not guaranteed
Property Facts
Price | $3,800,000 | Apartment Style | Mid Rise |
Price Per Unit | $237,500 | Building Class | B |
Sale Type | Investment | Lot Size | 0.07 AC |
Cap Rate | 8% | Building Size | 12,733 SF |
No. Units | 16 | No. Stories | 6 |
Property Type | Multifamily | Year Built | 2019 |
Property Subtype | Apartment |
Price | $3,800,000 |
Price Per Unit | $237,500 |
Sale Type | Investment |
Cap Rate | 8% |
No. Units | 16 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.07 AC |
Building Size | 12,733 SF |
No. Stories | 6 |
Year Built | 2019 |
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
Parcel Number | 03171-0036 | Improvements Assessment | $902,430 |
Land Assessment | $70,105 | Total Assessment | $972,535 |
PROPERTY TAXES
Parcel Number
03171-0036
Land Assessment
$70,105
Improvements Assessment
$902,430
Total Assessment
$972,535
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2245 Creston Ave
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