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615 E 138th St

8 Unit Apartment Building $2,990,000 ($373,750/Unit) Bronx, NY 10454

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Investment Highlights

Tenant pays own utilities
Building has ZERO property violations
Laundry room

Fully sprinkler building
Security cameras throughout
two commercial spaces

Executive Summary

Superbly constructed in 2012 and excellently maintained modern elevator building in the heart of Mott Haven. This fully sprinkler building consists of 8 two-bedroom apartments and 2 commercial retail spaces on East 138th St, just 1 block from the 6 train at the Manhattan border.
BLOCK: 2551 LOT: 60
Address: 615 E 138th Street, Bronx, NY 10454
37.5’ x 100’ Lot
13,526 SF Building (gross)
Zoning: R-6 C2-4
Tenants pay utilities– all apartments have its own mini-split high-efficiency cooling and heating units. Five units have its own balcony, and one unit has a terrace. All units have modern kitchens with granite countertops. New hot water tank for building. New construction, built in 2012. Fully sprinkler building and security cameras throughout. Building has ZERO property violations.
Contact Broker for further details and listing sheet.

Property Facts

Price	$2,990,000	Building Class	B
Price Per Unit	$373,750	Lot Size	0.09 AC
Sale Type	Investment	Building Size	13,526 SF
No. Units	8	Average Occupancy	90%
Property Type	Multifamily	No. Stories	5
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	2011
Apartment Style	Mid Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,990,000
Price Per Unit	$373,750
Sale Type	Investment
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Mid Rise
Building Class	B
Lot Size	0.09 AC
Building Size	13,526 SF
Average Occupancy	90%
No. Stories	5
Year Built	2011
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.