526-530 Willis Ave
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526-530 Willis Ave
7,380 SF 100% Leased Retail Building Bronx, NY 10455 $11,000,000 ($1,491/SF) 2.42% Cap Rate
Executive Summary
Prime Development Area. Great Investment, Gross Income: $452,164/Yr, Expense: $178,000/Yr, NOI: $266,164/ Yr, Lot Size: 5,427 SF(81.91x66.25), Please contact L/A directly Helen Moon 718-344-6565
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,380 SF
Building Class
C
Year Built
1931
Price
$11,000,000
Price Per SF
$1,491
Cap Rate
2.42%
NOI
$266,164
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.88
Land Acres
0.09 AC
Opportunity Zone
Yes
Zoning
C4-4
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02293-0004 | Improvements Assessment | $1,249,655 (2024) |
Land Assessment | $180,000 (2024) | Total Assessment | $1,429,655 (2024) |
PROPERTY TAXES
Parcel Number
02293-0004
Land Assessment
$180,000 (2024)
Improvements Assessment
$1,249,655 (2024)
Total Assessment
$1,429,655 (2024)
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526-530 Willis Ave
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