621 E 161st St
Bronx, NY 10456
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- young good condition building
- low expenses & high rents
- close to transportation
PROPERTY FACTS
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2011 |
| Zoning | R6 - Medium density residential zoning district. |
ABOUT 621 E 161ST ST , BRONX, NY 10456
1001 Findlay Ave is a RS 4 story 9 family apt building, built 2003, it has 7 X 2BR APT and 2X1BR APT, Lot size 90.44X26.97. Tenants pays for electric and cooking gas,Owner pays for heating. RE Tax $1135, 5 Years Tax Abatement left, Gross income $167,249 Expenses $30,810,Net Operating Income $136,439 621 E 161st Street is a RS 4 story 8 family apt building, built 2008, all 2 Bedrooms. Lot size 30X100, building 30X41, total 6083 sf. Tenants pays for hot water, heat and electric 19 years tax Abatement left.Total Income:$149,613,t otal Expense:$21,212,Net Income $128,401 DIRECTION: 1001 Findlay Ave: Walk distance to D,B Train 161 Yankee Stadium station.Bus Bx32 right near the building.2 Blocks to the Melrose railroad station. 621 E 161 Street:2 Blocks to the Melrose railroad station (also E 162nd St) on the Harlem Line. It is 6.1 miles (9.8 km) from Grand Central Terminal. 6 blocks to prespect Ave subway station. 2 blocks to Bx6.Bx15,Bx21,Bx6SBS.
PROPERTY TAXES
| Parcel Number | 02627-0058 | Improvements Assessment | $368,823 |
| Land Assessment | $51,084 | Total Assessment | $419,907 |
