2476 Arthur Avenue | 2476 Arthur Ave
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2476 Arthur Avenue 2476 Arthur Ave
11 Unit Apartment Building $2,200,000 ($200,000/Unit) 7.18% Cap Rate Bronx, NY 10458
Executive Summary
The 4-story residential building for sale is located in the Belmont neighborhood of the Bronx, close to all. The building is 7,000 square feet, comprised of 10 residential apartments and 1 commercial unit. Corner lot, semi-attached, brick, nestled on a 25' x 80' lot. Located at 2476 Arthur Ave between East 188th Street and East 189th Street. Great income-producing investment opportunity awaits you in a historic, coveted part of town. Welcome All.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$215,013
|
$21.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$215,013
|
$21.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$57,105
|
$5.71
|
| Net Operating Income |
$157,908
|
$15.79
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $215,013 |
| Annual Per SF | $21.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $215,013 |
| Annual Per SF | $21.50 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $57,105 |
| Annual Per SF | $5.71 |
| Net Operating Income | |
|---|---|
| Annual | $157,908 |
| Annual Per SF | $15.79 |
Property Facts
| Price | $2,200,000 | Apartment Style | Mid Rise |
| Price Per Unit | $200,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.18% | Building Size | 10,000 SF |
| No. Units | 11 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $2,200,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 10,000 SF |
| No. Stories | 4 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 9 | - | - |
1 of 1
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (96)
PROPERTY TAXES
| Parcel Number | 03077-0043 | Improvements Assessment | $175,642 (2024) |
| Land Assessment | $3,259 (2024) | Total Assessment | $178,901 (2024) |
PROPERTY TAXES
Parcel Number
03077-0043
Land Assessment
$3,259 (2024)
Improvements Assessment
$175,642 (2024)
Total Assessment
$178,901 (2024)
zoning
| Zoning Code | R6 (Residential) |
| R6 (Residential) |
-
Benny Kuka - Apex Realty
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2476 Arthur Avenue | 2476 Arthur Ave
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