5731 Mosholu Ave
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5731 Mosholu Ave
1,650 SF 100% Leased Office Building Bronx, NY 10471 $950,000 ($576/SF) 7.51% Cap Rate
Investment Highlights
- Small units provide highly efficient income per square footage.
- Close to highways and bus routes.
- Riverdale demographics.
Executive Summary
6 fully leased commercial units generating over $70,000 NOI. Priced at 7.51% cap rate. Long term tenants, short term gross leases.
Good condition roof, no leaks. New double unit wifi controlled 6 head mini split HVAC system treats entire building. Fully electric environmentally friendly building, no gas or oil. Perimeter security cameras. No Smoking building.
Quiet Sunny Corner Location with alternate Spencer Avenue address. 3 blocks from Broadway on major Riverdale thoroughfare. Close to Henry Hudson Parkway and MTA & Westchester bus routes, 1 mile to NYC Subway.
Good condition roof, no leaks. New double unit wifi controlled 6 head mini split HVAC system treats entire building. Fully electric environmentally friendly building, no gas or oil. Perimeter security cameras. No Smoking building.
Quiet Sunny Corner Location with alternate Spencer Avenue address. 3 blocks from Broadway on major Riverdale thoroughfare. Close to Henry Hudson Parkway and MTA & Westchester bus routes, 1 mile to NYC Subway.
Financial Summary (Actual - 2024) 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 | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) 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 | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
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
1,650 SF
Building Class
C
Year Built
1931
Price
$950,000
Price Per SF
$576
Cap Rate
7.51%
NOI
$71,328
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
550 SF
Building FAR
1.26
Lot Size
0.03 AC
Zoning
R4, C1-2 - Medium density residential zone with neighborhood commercial overlay.
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Walk Score ®
Very Walkable (89)
PROPERTY TAXES
Parcel Number | 05858-0306 | Total Assessment | $90,810 |
Land Assessment | $28,800 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $62,010 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05858-0306
Land Assessment
$28,800
Improvements Assessment
$62,010
Total Assessment
$90,810
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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5731 Mosholu Ave
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